Beximco's Sukuk bond IPO subscription for 7.5 billion Taka received bids worth only 0.6 billion Taka. Investors simply aren't interested in Beximco's bond. What is a bond? Why would a well-known organization like Beximco try to sell bonds instead of selling more shares? Why would an organization like Beximco want to issue bonds instead of taking a bank loan? Note: Please answer using concepts of basic fiance.
Beximco's Sukuk bond IPO subscription for 7.5 billion Taka received bids worth only 0.6 billion Taka. Investors simply aren't interested in Beximco's bond. What is a bond? Why would a well-known organization like Beximco try to sell bonds instead of selling more shares? Why would an organization like Beximco want to issue bonds instead of taking a bank loan? Note: Please answer using concepts of basic fiance.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Beximco's Sukuk bond IPO subscription for 7.5 billion Taka received bids worth only 0.6 billion Taka. Investors simply aren't interested in Beximco's bond. What is a bond? Why would a well-known organization like Beximco try to sell bonds instead of selling more shares? Why would an organization like Beximco want to issue bonds instead of taking a bank loan?
Note: Please answer using concepts of basic fiance.
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