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Suppose the book value of the debt issue is $ 1 4 5 million. In addition, the company has a second debt issue, a zero
Suppose the book value of the debt issue is $ million. In addition, the company has a second debt issue, a zero coupon bond with years left to maturity; the book value of this issue is $ million, and it sells for percent of par. What is the total book value of debt? The total market value? What is the aftertax cost of debt now?
Suppose the book value of the debt issue is $ million. In addition, the company has a second debt
issue, a zero coupon bond with years left to maturity; the book value of this
issue is $ million, and it sells for percent of par. What is the total book
value of debt? The total market value? What is the aftertax cost of debt now?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
