Question
Sotus Co. Ltd is a cosmetic manufacturer, a producer in Thailand, that rise capital for expanding the market to Southeast Asia by issuing corporate bonds
Sotus Co. Ltd is a cosmetic manufacturer, a producer in Thailand, that rise capital for expanding the market to Southeast Asia by issuing corporate bonds that sell for 2,500 baht in bond market and the bonds are issued pays 200 baht per year in interest, it also has 10 years for maturity What is the firms cost of debt?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
