two firms build identical building with identical costs over the same 2-year period. Firm A pays for the $1 million cost of construction with general cash flow, but has two outstanding debentures, one for $1 million at 8 percent and one at $1 million for 6 percent. Firm B borrows the $1 million to fund construction at a cost of 12 percent. when the buldings are completed (at the end of two year), at what cost will the firms report the building on their balance sheets. answer firm a 1,140,000 firm b $1,240,000 不知道怎么算，望解。 谢谢 | 
发表于 2007-5-16 10:35
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