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how to calculate the cost of debt (mortgage bond)? par value: $1,000 characteristics: 30 year, 712%, annual payment issue price: $980 no floatation costs subject
how to calculate the cost of debt (mortgage bond)?
par value: $1,000
characteristics: 30 year, 712%, annual payment
issue price: $980
no floatation costs
subject to a 35% income tax rate
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
