Olam International

[zxiank]

To me, it is pretty obvious that olam will pay more than just 6.75%, even in real $$ term. Let assume bond par amount is $100, and olam will only get $95, but it is paying $6.75 annually over the $95. All the numbers are in real $$ term. so it is more than 6.75% (i.e. 7.1% as highlighted by d.o.g)

Ah yes I see! I stand corrected. It's 7.1% (me and my lousy Maths)

On another note, anybody can give a formula/indication on how much will the nil-paid rights be trading? I'm thinking of buying some but need to know how to value them

Thanks