NO.PZ2018062005000067
问题如下:
PZ company need to borrow $5 millions for one month through commercial paper at 8%, the dealer’s commission is 0.2% and the backup line cost is 0.25%, please calculate the borrowing cost:
选项:
A.0.71%
B.8.5%
C.6.7%
解释:
B is correct.
Commercial paper cost={(interest+dealer’s commission+backup costs)/net proceed}*12=[(5,000,000*0.08*1/12)+(0.002*5,000,000*1/12)+(0.0025*5,000,000*1/12)/(5,000,000-(5,000,000*0.08*1/12)]*12=8.5%
请问这个问题是哪一章的考点