You are the head of the finance team of Pay-As-You-Go Limited, an Australian financial technology company, listed on the ASX with a market capitalisation exceeding $13.7bn. During the global pandemic Pay-As-You-Go Limited share price and customer base increased exponentially.
At a recent board meeting where a review of the company’s investing and financing strategy options were being considered, one of the newly appointed non-executive directors stated the following, “I am aware that we can raise capital by issuing equity instruments such as Ordinary or Preference shares or by selling debt instruments such as Notes or Bonds. But… have we considered other investing and financing options available in the market?”
In this regard, you have been tasked to prepare a presentation for no longer than 10 mins in duration, for the next company board meeting, detailing the different financial instruments available in the Money Market and Capital Market that the company can either invest in, when it has surplus funds or obtain finance (debt), when it requires funds.
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