A company issued a 120 days commercial paper of a face value of Tk. 1,000 at Tk. 950 The CR expenses are 0.5% of the size of issue. Issuing and paying agent charges being 0.25% and stamp duty 0.5%. What is the effective cost of commercial paper?
A company issued a 120 days commercial paper of a face value of Tk. 1,000 at Tk. 950 The CR expenses are 0.5% of the size of issue. Issuing and paying agent charges being 0.25% and stamp duty 0.5%. What is the effective cost of commercial paper?
September 19, 2023
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A company issued a 120 days commercial paper of a face value of Tk. 1,000 at Tk. 950 The CR expenses are 0.5% of the size of issue. Issuing and paying agent charges being 0.25% and stamp duty 0.5%. What is the effective cost of commercial paper?
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