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Question: read carefully this yieldreport article provided here about westpac an...

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Read carefully this Yieldreport article provided here about Westpac, an Australian commercial bank:

 

 

 

 

 

 

 

 

 

a) Represent how Westpac's balance sheet will be affected by the issue of Westpac capital notes 7 alone, assuming Westpac manages to issue their desired amount.  (2 marks)

b) Explain in detail the expected fate of Westpac's capital notes 3 as described in this article. Infer what this implies in terms of conversion of  these capital notes 3 to shares. Illustrate this process in the timeline of the life of the capital notes 3 and in the balance sheet of Westpac. (3 marks)

c) Illustrate how the process described in a) is addressing the needs described in b). "Partial funding" is mentioned in the article. List and illustrate two other sources that Westpac can use to acquire the remaining funding.  (3 marks)

 

 

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