A firm raises capital by selling 35000 worth of debt with
A firm raises capital by selling ?$35,000 worth of debt with flotation costs equal to 1?% of its par value. If the debt matures in 15 years and has an annual coupon interest rate of 8?%,what is the? bond's YTM?
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a firm raises capital by selling 35000 worth of debt with flotation costs equal to 1 of its par value if the debt
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