Issuing dual currency bonds
What borrower must consider before issuing the dual currency bonds?
Expert
A dual currency bond is a straight fixed-rate bond that is issued in one currency and pays coupon interest in the same currency. While at the time of maturity, principal is repaid in the second currency. Coupon interest is consequently at the higher rate as compared to the comparable straight fixed-rate bonds. The amount of dollar principal repayment at the time of maturity is set at the inception; consequently, the amount permits for some appreciation within the exchange rate of the stronger currency.
Define the term Balance of payments.
Compute 30-, 90-, and 180-day forward cross exchange rates between German mark and Swiss franc by utilizing the most recent quotations. Specify forward cross-rates in “German” terms.
What are the various causes of decreasing of Gross profit margin?
Explain difference between performing the capital budgeting analysis from the parent firm’s perspective as opposed to the project perspective.
Explain why and how a firm’s capital cost can be reduced when stock of firm is cross-listed on foreign stock exchanges.
Define small talk and discuss its role in developing the relationship.
Describe the term Purchase return with suitable example?
Why the rule of nominal account is just opposite with the rule of personal account and real account?
How many kinds of fixed asset are there in accounting? What are they?
Define and explain indirect world systematic risk.
18,76,764
1933935 Asked
3,689
Active Tutors
1433816
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!