Converting Debt / Interest Rates
Hi guys,
I am hoping someone would be able to assist me...I am trying to create a capitalization table and the Company has notes in peso. Obviously, its easy to convert the amount outstanding from peso to usd, but was wondering how about the interest rate? Should that get converted to a more US interest rate? What is the best way to go about doing this.
Thank you!
"Should that get converted to a more US interest rate?"
...wait, what??
No, dude.
Yes, convert from metric system to US customary units system.
No - the interest rate stays the same.
Ex. 10 peso = $1
The loan is for 100 pesos @ 10% interest paid = 10 pesos (or $1)
Converting the 100 peso into USD = $10 $10 @ 10% = $1 (or 10 pesos)
Just make a schedule of the notes in pesos and convert the currency.
convertible debt cap table
Totam eum at in magnam ad. Non dicta commodi non eos sed id consectetur.
Impedit recusandae facilis perferendis odio sunt aut illum. Vel accusamus voluptas numquam rerum. Qui assumenda neque quae aut ad. Perferendis consequatur qui quaerat.
Et fuga magnam dolorum voluptas quia ipsum. Qui ea quam praesentium delectus. Dolor qui qui maxime dolor nisi provident.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...