Business, 06.12.2019 03:31 robert7248

Jiminy’s cricket farm issued a 20-year, 7 percent semiannual coupon bond 4 years ago. the bond currently sells for 104 percent of its face value. the company’s tax rate is 23 percent. a. what is the company’s pretax cost of debt?

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Jiminy’s cricket farm issued a 20-year, 7 percent semiannual coupon bond 4 years ago. the bond curre...