A 1000 par value bond issued by conseco electronics has 16


Question: a. A $1,000 par value bond issued by Conseco Electronics has 16 years to maturity. The bond pays $78 a year in interest and is selling for $880. What is the approximate yield to maturity?

b. If the firm is in a 30 percent tax bracket, what is the after tax cost of the debt?

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Finance Basics: A 1000 par value bond issued by conseco electronics has 16
Reference No:- TGS02583783

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