Avicorp has a 10 million debt issue outstanding with a 6


Avicorp has a $10 million debt issue outstanding, with a 6% coupon rate. The debt has semi-annual coupons, the next coupon is due in 6 months, and the debt matures on 5 years. It is currently prices at 95% of its $1,000 face value. What is Avicorp’s cost of debt?

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Financial Management: Avicorp has a 10 million debt issue outstanding with a 6
Reference No:- TGS01717338

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