Icu window inc is trying to determine its cost of debt the, Finance Basics

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Icu window inc is trying to determine its cost of debt the

ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with seven years to maturity that is quoted at 114 percent of face value. The issue makes semiannual payments and has an coupon rate of 9.8 percent annually.

Requirement:

What is ICU's pretax cost of debt?

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Finance Basics: Icu window inc is trying to determine its cost of debt the

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Finance Basics: Icu window inc is trying to determine its cost of debt the

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