Hi Friends,
Please help me to solved this
Present value of 20 half yearly interest payments of ` 50, discounted
@ 11% (` 50 × 11.9504)
597
Present value of ` 1,000 due in ten years, discounted @ 11%
compounded half yearly (` 1,000 × 0.343) 343
Fair value of liability component 940
my question is how this 11.9504 & 0.343 answer get becoz
through 11% discounting rate we will not get the anser
please reply
its urgent
CAclubindia
