What is present value of savings generated by refinancing
Problem: Assume that you issue $10 million, 6% bonds on January 2, 2009 and use the proceeds and other cash to refund the existing $10 million, 8% bonds. What is the present value of the savings generated by refinancing?
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Create a Calculated Field named 'Males-Females' as a new dimension on your worksheet.
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What is the present value of the savings generated by refinancing?
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