Question
Yoyo company issued a 17 year non callable bond, 7 years ago. It pays semi annual coupons with a coupon rate of 6% and has
Yoyo company issued a 17 year non callable bond, 7 years ago. It pays semi annual coupons with a coupon rate of 6% and has a current market price of $861.01 now. If the firms tax rate is 25%, what is the component cost of debt that is used in the WACC calculation?
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To calculate the component cost of debt we need to find the yield to maturi...
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
