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Debt Information $1 billion in outstanding debt (face value) Current quote = 110 Coupon rate = 9%, semiannual coupons 15 years to maturity How much
Debt Information
$1 billion in outstanding debt (face value)
Current quote = 110
Coupon rate = 9%, semiannual coupons
15 years to maturity
How much is the cost of Debt?
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