Business, 02.03.2020 16:58 amandasantiago2001

Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9% and coupons are paid semiannually. The bond is currently selling for $908.72 per $1,000 bond. What is the cost of debt

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Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon ra...