Question
Company A wants to offer debentures. by obtaining the insurance price of the distribution at the par value (par value), which is 1,000 baht
Company A wants to offer debentures. by obtaining the insurance price of the distribution at the par value (par value), which is 1,000 baht The maturity period of the debentures is 3 years. debentures issued Coupons are paid 4 times a year. Interest rate coupon (coupon rate) 5% per year. Debenture issuance cost is 0.8% of the money raised. 20% corporate income tax rate Find the cost of debt of Company A (without taking into account compounding effects)..............% per year
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Financial Reporting and Analysis
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
6th edition
9780077632182, 78025672, 77632184, 978-0078025679
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