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- UID
- 222303
- 帖子
- 400
- 主题
- 8
- 注册时间
- 2011-7-2
- 最后登录
- 2015-11-28
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Yeah I dont get it. it says in the book that "no capital in required to engage in this transaction".
I dont see how that is possible. You issue bonds. You get 12MM cash. Now you need 14.4MM in bonds. You have 12MM in cash. Are the bonds are a deep discount? WTF? |
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发表于 2011-7-11 15:29
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