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ABC Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued new debt at par with a
- ABC Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued new debt at par with a coupon rate of 6.5%. What is ABC Company's pre-tax cost of debt?Enter your answer as a percentage.
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
