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(Answered)-roche group (DEU) issues 1.000 convertible bonds at the beginning
roche group (DEU) issues 1.000 convertible bonds at the beginning of 2011. the bonds have a five years term with a stated rate of interest of 10 percents. and are issued at par with a face value of 100 euro per bonds. interest is payable annually at december 31. each bonds is convertible into 90 ordinary shares with a par value of 1 euro. the market rate of interest on similar non-convertible debt is 18 percent
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1.?journal at the time of purchase
2.?journal at maturity
(if repaid and?converted)
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DATE ANSWEREDOct 07, 2020
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