Homework Help: Finance

Posted by James on Thursday, December 14, 2006 at 1:55pm.

im trying to calculate cost of debt. where did they get the 50 value from? P0 = $1,080 = $50(PVIFA,R%,46) + $1,000(PVIF,R%,46)

30 year bond, 10% semi annual. 7 years ago it was issued. current selling is 108% face value.

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