Question
2. Ard Enterprises currently has one piece of long term debt on its balance sheet - a zero coupon bond maturing in seven years. The
2. Ard Enterprises currently has one piece of long term debt on its balance sheet - a zero coupon bond maturing in seven years. The $1000 par value bond currently trades at $720.23 in the market. What is Ard's cost of debt?
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
