Question
What is the firms K d ? ISSUE QUANTITY COUPON YTM 15-yr Sr Debentures, due 2/15/2034 $467million 4.50% 3.60% 20-yr Sub Debentures, due 8/1/2030 $275million
What is the firms Kd?
| ISSUE | QUANTITY | COUPON | YTM |
| 15-yr Sr Debentures, due 2/15/2034 | $467million | 4.50% | 3.60% |
| 20-yr Sub Debentures, due 8/1/2030 | $275million | 7.25% | 5.92% |
| 10-yr Sr Notes, due 4/10/2025 | $275million | 4.27% | 3.25% |
| 5-yr Sub Notes, due 7/15/2024 | $126million | 3.85% | 2.65% |
| 5-yr Sub Notes, due 12/15/2020 | $57 million | 3.95% | 3.90% |
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
