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Business, 26.03.2020 02:02 BossKnight
A new corporate bond is being offered for $930. The bond has a face value of $1,000 and matures in 10 years. The coupon rate is 7% per year, payable annually. What is the company's cost of capital for this bond issue if the bond broker's fee = $15 per bond?
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A new corporate bond is being offered for $930. The bond has a face value of $1,000 and matures in 1...
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