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a bond that has a $1000 par value(face value) and a contract or coupon interest

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Question;a bond that has a $1000 par value(face value) and a contract or coupon interest rate of 11.2%. The bonds have a current market value of 1,123 and will mature in 10 years. The firms,s marginal tax rate is 34%. What is the cost of capital from this bond debt?

 

Paper#44842 | Written in 18-Jul-2015

Price : $22
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