Question
A company is financed with equity and 10-year bonds that have face value of 1,300 and coupon rate of 5%. If each bond is selling
A company is financed with equity and 10-year bonds that have face value of 1,300 and coupon rate of 5%.
If each bond is selling for 956.71 today,
the company's cost of debt is:
--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir
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Handbook Of Quantitative Finance And Risk Management
Authors: Cheng-Few Lee, John Lee
2010th Edition
0387771166, 978-0387771168
