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BSKY has irredeemable debt in issue which pays 6% interest on nominal value. Its market price is 90 ex interest per 100 nominal. What is

BSKY has irredeemable debt in issue which

pays 6% interest on nominal value. Its market

price is 90 ex interest per 100 nominal. What

is the cost of debt given a corporation tax rate of

25% and no time delay tax relief?

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Probability And Statistics For Engineering And The Sciences

Probability And Statistics For Engineering And The Sciences

Authors: Jay L. Devore

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