Hi all,
I have trouble understanding the problem in Becker FAR page F3-38 in 2011/2012 editions.
Column 1: FV of sub- how did they get $500,000? is it excluding marketable sec?
How did they get $50k for B/S adjusted FV?
what's Premium 1,2 and discount?
is this problem linked to another one? because im confused where they got all this....
Thanks