Pintu Sacombank is planning to raise VND300 billion by selling and Currently, make rate for similar bonds is 15%. Other mobilistico VND 1 Million. The bank has to pay deposit insurance premium of...

Pintu Sacombank is planning to raise VND300 billion by selling and Currently, make rate for similar bonds is 15%. Other mobilistico VND 1 Million. The bank has to pay deposit insurance premium of 0.0015 per dong of insured bonds 107 of the nised amount is used for cash needs and 3% is reserved at the Central Bank, the remaining to fully invested Calculate the effective cost rate of borrowing these bonds