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Hello John,
Is there an issue cost on subsidised loan as well, as there is on normal borrowing? What to do if nothing is stated clearly?
Thanks 🙂There is unlikely to be an issue cost (because it is a loan normally being given by a government. It is only when there is an issue of debt borrowing that there will be issue costs involved).
If nothing is stated then there are no issue costs.
Exactly, I thought the same. But there is a question fubuki co dec 2010 where examiner has taken issue costs on subsidised loan as well, wonder why?
Thanks for your assistance.
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