If i have an existing bond with a coupon rate of interest


If I have an existing bond with a coupon rate of interest equal to 5.6 percent (semiannual interest payments), 12 year remaining until maturity and a 1,000 maturity value they are currently selling for 918 each. how do I solve for the before-tax costs of debt?

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Finance Basics: If i have an existing bond with a coupon rate of interest
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