Why two different notes have different interest

Reference no: EM132451057

Footnote :

Please consider the 6.375% Senior Notes due 2026 and the 7.750% Senior Notes due 2027. Judging by the statement of cash flows, this debt was issued at face value (i.e., no discount or premium).

Question 1: What does this issuance at face value imply about the market rate of interest at the date of issuance? Why would the two different notes have different interest rates (Hint: consider the maturity date of the notes)? Use FASB codification to cite and support your answer

Attachment:- footnote.rar

Reference no: EM132451057

Questions Cloud

Discuss about inventory fraud : Discuss about Inventory Fraud,personal opinion and facts about Inventory Fraud. what do you think about this topic? Is it ethical? provide some facts as well.

Create a proposal for the first three months of operation : How might current changes in federal, state, and local policies influence decisions to be made and What questions might the board ask regarding feasibility

Discuss about todd frank act : What do you think about the act? How is it helpful? Do you believe its a good law to have in place? why did they make this law? what are the pros and cons?

Prepare an analysis showing the total cost saving : Manson will save all variable costs but no fixed costs. Prepare an analysis showing the total cost saving, if any, Manson will realize by buying the part

Why two different notes have different interest : What does this issuance at face value imply about the market rate of interest at the date of issuance? Why would the two different notes have different interest

Cryptography is used to protect confidential data : Cryptography is used to protect confidential data in many areas. Chose one type of cryptography attack

Explain how could create a diverse team of employees : Describe two (2) management techniques you would implement to ensure that your new team aligns to your company's mission.

Examine the differences between dna and rna : Examine the differences between DNA and RNA. Explain the main reasons DNA is the most favorable molecule for genetic material

What are social networks and variables and data types : What are social networks, how do people use them, and what are some of their practical business uses?

User Account

All Pages