Apparell stores has a 20 million bond issue outstanding
Apparell stores has a $20 million bond issue outstanding that currently has a market value of 18.6 million. The bonds mature in 6.5 years and pay semi annual interest of $35 each. What is the firms pre tax cost of debt. Show work!
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directions answer each of the following questions please ensure that your responses are at least 3 to 5 sentences in
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apparell stores has a 20 million bond issue outstanding that currently has a market value of 186 million the bonds
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