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July 22, 2014

Homework Help: business finance

Posted by stephanie on Monday, October 8, 2012 at 9:32pm.

a bond that has $1,000 par value (face value) and a contract or coupon interest rate of 11.5%. The bonds have a current market value of $1,126 and will mature in 10 years. the firms marginal tax rate is 34%.
what is the cost from this bond debt is __%

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