Characteristics of Dual currency bonds market instrument
State the characteristics of the Dual currency bonds market instrument.
Expert
Dual currency bond is the straight fixed-rate bond that is issued in one currency and pays coupon interest in that particular same currency. At the time of the maturity, principal is repaid in the second currency. Coupon interest is recurrently at a higher rate as compared to the comparable straight fixed-rate bonds. Amount of dollar principal repayment at the maturity is set at the inception; consequently, the amount permits for some appreciation in exchange rate of the stronger currency. As per the perspective of investor, a dual currency bond involves a long-term forward contract.
Part A During 2012 the Australian Company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought
Accounts Receivable: The money owed by customers (that is, individuals or corporations) to other entity in exchange for services or goods that have been employed or delivered, however not yet paid for. Receivables generally come in the form of operati
Compare and contrast a variety of types of secondary market trading structures.
What is Social Darwinism and how it was utilized to support business?
What type of Account is Salary outstanding? What do you think, it is real or personnel or the nominal account?
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
What is the main difference between the periodic and perpetual process, how will you record it in your note-book?
What is the difference among personal or real account and nominal account?
Who are market participants within the foreign exchange market?
What are the various causes of decreasing of Gross profit margin?
18,76,764
1946950 Asked
3,689
Active Tutors
1457069
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!