Problem:
Apple just completed a large, Swiss Franc denominated bond sale. In the discussion board for this topic, explain why a company that has almost $200 billion in cash would decide to issue bonds and why they would choose to use Swiss Franc denominated bonds. Microsoft just completed an even larger offering. Reading about their decision might help as well. Use your group discussion board to discuss the issue among your group members and then post one final answer to be graded. Everyone in the group should contribute to the answer. Explain all workings out and describe comprehensively.