A contract or coupon interest rate


A bond that has a $1000 par value and a contract or coupon interest rate of 10.5%. The bonds have a current market value of $1,125 and will mature in 10 years. The firm's marginal tax rate is 34%.The cost of capital from this bond debt is%.

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Accounting Basics: A contract or coupon interest rate
Reference No:- TGS0679941

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