I ilovcfa New member Joined Jun 18, 2026 Messages 0 Reaction score 0 Feb 10, 2015 #1 Hello, in the solution of question 3, how do they issue a note of 5’000’000 and use the proceeds to buy a bond with face value 12’500’000 ???
Hello, in the solution of question 3, how do they issue a note of 5’000’000 and use the proceeds to buy a bond with face value 12’500’000 ???