Question
Oberon, Inc., has a $10 million (face value) 10-year bond issue selling for 98 percent of par that pays an annual coupon of 8.30 percent.
Oberon, Inc., has a $10 million (face value) 10-year bond issue selling for 98 percent of par that pays an annual coupon of 8.30 percent.
What would be Oberons before-tax component cost of debt
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Environmental Finance And Investments
Authors: Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, Luca Taschini
2nd Edition
366248174X, 978-3662481745
