A company has a bond that has a $ 1000

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A company has a bond that has a $ 1000 (face value of bond) and a contract or coupon interest of 11.6%.

The company's bond has a current market value of $ 1,125 and will mature in 10 years. The company's marginal tax rate is is 34%

What is the cost of capital from this bond debt?

    • 13 years ago
    A company has a bond that has a $ 1000
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