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Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Q3 (b) Levante (Dec 2016)
Hi, I’d like to ask:
The answers say:
This is an extra 67,398 bond units for which Levante co will need to pay an extra $6,739,800 when the bonds are redeemed in five years.
My question:
Such extra 67,398 bond issues also create extra “Coupon payment”, but which is not mentioned in answer. Am I correct?
Thanks
