kkR's US subsidiary wants to expand internationally and is locking in the Euromarkets. it has access to
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kkR's US subsidiary wants to expand internationally and is locking in the Euromarkets. it has access to 2 banks syndicates that are willing to back JPY 100 million, 3 year Euroyen loan
Note Euroyen is the same Euro dollar, but denominated in JPY
ANN charges 1.08% fee and 1.11% interest
Westpac charges 0.82% fee and 1.44% interest
kkR has a 7% discount rate and will make its debt on annual basis. What is the present value of each offering?
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
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