Cost of debt A firm has two types of debt in their capital structure. They have 200
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Cost of debt A firm has two types of debt in their capital structure. They have 200 coupon bonds selling at $986.68 each. They also have $200,000 worth of bank debt, which has an interest rate of 4.5 %. If the firm’s weighted average cost of debt is 5.24 %, what is the YTM on the bonds?
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Related Book For 
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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