Posted: June 22nd, 2016
A bond has a $1000 par value and a contract interest rate of 10.1%.The bonds have a current market value of $1,126 and will mature in 10 years. The firm’s marginal rate is 34%. The cost of the capital from this bond debt is___%?
A bond has a $1000 par value and a contract interest rate of 10.1%.The bonds have a current market value of $1,126 and will mature in 10 years. The firm’s marginal rate is 34%. The cost of the capital from this bond debt is___%?
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