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Company C issued a $1000.00, 30-year semi-annual bond 5 years ago, with a coupon rate of 6%, it is currently selling for 91.25% of par.
Company C issued a $1000.00, 30-year semi-annual bond 5 years ago, with a coupon rate of 6%, it is currently selling for 91.25% of par. What is the cost of debt for the company's bond?
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Financial Analysis With Microsoft Excel 2016
Authors: Timothy R. Mayes, Todd M. Shank
8th Edition
1337298042, 9781337298049
