Question
KatyDid Clothes has a $120 million (face value) 30-year bond issue selling for 101 percent of par that carries a coupon rate of 9 percent,
| KatyDid Clothes has a $120 million (face value) 30-year bond issue selling for 101 percent of par that carries a coupon rate of 9 percent, paid semiannually. |
| What would be Katydids before-tax component cost of debt? |
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
