Question
What is the cost of debt for a company whose debt at 11% has a nominal value of 1000, is trading at 1037.9 and has
What is the cost of debt for a company whose debt at 11% has a nominal value of 1000, is trading at 1037.9 and has a life of five years (redemption at maturity)?
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
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