Business, 05.07.2020 14:01 brobles9118

A company has outstanding long-term bonds with a face value of $1,000, a 7% coupon, and a 9% yield to maturity. If the company were to issue new debt, what is a reasonable estimate of the interest rate (rd) on that debt

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A company has outstanding long-term bonds with a face value of $1,000, a 7% coupon, and a 9% yield t...