Question
Bloomy Chocolate Corp issued bonds with a par value of $1000, which have 13 years left until maturity, pay a coupon of 10% annually, and
Bloomy Chocolate Corp issued bonds with a par value of $1000, which have 13 years left until maturity, pay a coupon of 10% annually, and currently trade for $915. What is Bloomys current cost of debt?
| A. | 11.28% | |
| B. | None of these. | |
| C. | 9.70% | |
| D. | 10.00% | |
| E. | 5.44% |
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
