Finance 370

timer Asked: Jun 11th, 2013

Question description

A bond that has a $1000 par value and a coupon value of 11.6%. The bonds have a current market value of $1,125 and will mature in 10 years. The fiirm's marginal tax rate is 34%. The cost of capital from this bond debt is___%. If you answer correctly I have many more for a better price. This is my first post!

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