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a company's share price is $25 and it is expected to a pay a $0.65 divident/share next year. after that the firm's dividends are expected
a company's share price is $25 and it is expected to a pay a $0.65 divident/share next year. after that the firm's dividends are expected to grow at a rate of 4.3% per year. the company's existing debt from 3 years ago has a coupon rate of 6%. the firm just issued a new debt on par with a coupon rate of 6.1%. what is the pre-tax cost of debt as a percentage?
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Financial Management For Farmers And Rural Managers
Authors: Martyn Warren
4th Edition
0632048719, 9780632048717
