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Business, 28.12.2019 04:31 xeal7007

An mnc issues ten-year bonds denominated in 500,000 philippines pesos (php) at par. the bonds have a coupon rate of 15 percent. if the peso remains stable at its current level of $.025 over the lifetime of the bonds and if the mnc holds the bonds until maturity, the financing cost to the mnc will be: a. none of the above
b. 15.0 percent.
c. 10.0 percent.
d. 12.5 percent

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An mnc issues ten-year bonds denominated in 500,000 philippines pesos (php) at par. the bonds have a...
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