Question
a) (3 points) What is Urstadt pre-tax cost of debt using the comparable REIT: Amount: $100MM Coupon: 7.5% Maturity: 7 years Price: $90.10 Interest paid
a) (3 points) What is Urstadt pre-tax cost of debt using the comparable REIT: Amount: $100MM Coupon: 7.5% Maturity: 7 years Price: $90.10 Interest paid semiannually
PMT = 3.75 FV = 100 PV = -90.10 N = 14 I = 4.73 * 2 I = 9.46
My question is, How do you calculator this with a financial calculator. I'm confused with how to put it all together with the financial calculator. Please help!!
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
