Question
Costo, Inc. has 15-year annual coupon bonds outstanding with a coupon rate of 6%. The par value of each bond is $1,000. What is the
Costo, Inc. has 15-year annual coupon bonds outstanding with a coupon rate of 6%. The par value of each bond is $1,000. What is the company's pretax cost of debt if the bonds are currently selling for $1,080?
| 5.22 percent | ||
| 5.55 percent | ||
| 4.42 percent | ||
| 4.71 percent | ||
| 5.36 percent |
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
