Hi sir,
In part A, the loan will be paid at a premium of $5m. Does this mean the loan will be repaid at $65m? I do not know how to treat the premium.Should we recognise for premium and interest cost at effective rate separately ?
Thank you..
Ask the Tutor ACCA AAA
QN 18 Francis (P7 12/14)
4y ago#1I think I answered alread https://opentuition.com/topic/qn18afrancis-p7-12-14
Sign in to reply to this topic.