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Assume that A Limited issued an eight - year, 7% debenture two years ago. The debenture is currently selling for $95.38. What is A's cost
Assume that A Limited issued an eight
-
year, 7% debenture two years ago. The debenture is
currently selling for $95.38. What is A's cost of debt?
A) 7.50%.
B) 7.95%.
C) 7.15%.
D) 5.65%.
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