Question
What is the yield-to-maturity (YTM) on the eight-year, $400 million term loan proposed in the Berkshire Hathaway credit agreement, assuming it closed on June 1,
What is the yield-to-maturity (YTM) on the eight-year, $400 million term loan proposed in the Berkshire Hathaway credit agreement, assuming it closed on June 1, 2012? (To simplify the computations, assume it is a semi-annual pay bond rather than a quarterly bond.)
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
