Question
What is the firms K d ? ISSUE QUANTITY COUPON YTM 10-yr Sr Debentures, due 5/15/2023 $167million 4.75% 3.65% 20-yr Sub Debentures, due 8/1/2027 $396million
What is the firms Kd?
| ISSUE | QUANTITY | COUPON | YTM |
| 10-yr Sr Debentures, due 5/15/2023 | $167million | 4.75% | 3.65% |
| 20-yr Sub Debentures, due 8/1/2027 | $396million | 6.25% | 4.22% |
| 5-yr Sr Notes, due 4/10/2024 | $371million | 2.95% | 2.25% |
| 5-yr Sub Notes, due 7/15/2022 | $150million | 3.50% | 2.65% |
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
