Oberon, Inc., has a $20 million (face value) 8-year bond issue selling for 99 percent of par
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Question:
| Oberon, Inc., has a $20 million (face value) 8-year bond issue selling for 99 percent of par that pays an annual coupon of 8.05 percent. |
| What would be Oberons before-tax component cost of debt? |
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