Question
Bonds market value $10,000,000. Vestor has issued 20 year bonds with a $1,000 par value, 6% coupon rate and at a market price of $950.
Bonds market value $10,000,000.
Vestor has issued 20 year bonds with a $1,000 par value, 6% coupon rate and at a market price of $950. what is the debt, equity, weight cost of fund after tax cost and the WACC? please detail so I can learn thanks.
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
