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Madison square stores has a $20 million bond issue outstanding that currently has a market value of $19.4 million the bonds mature in 6.5 years
Madison square stores has a $20 million bond issue outstanding that currently has a market value of $19.4 million the bonds mature in 6.5 years and pay a semi annual interest payments of $35 each. What is the firms pretax cost of debt
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
