Question
if an 5 year annual bond with 6% coupon rate, currently priced at $988 and par value $1000. what is the cost of debt before
if an 5 year annual bond with 6% coupon rate, currently priced at $988 and par value $1000. what is the cost of debt before tax?
for above question, if the tax rate is 30%, how much is the after tax cost of debt
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Basic Finance An Introduction To Financial Institutions, Investments And Management
Authors: Herbert B Mayo
9th Edition
0324322291, 9780324322293
