Katydid clothes has a 110 million face value 30-year bond
KatyDid Clothes has a $110 million (face value) 30-year bond issue selling for 104 percent of par that carries a coupon rate of 8 percent, paid semiannually. What would be KatyDid's before-tax component cost of debt?
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katydid clothes has a 110 million face value 30-year bond issue selling for 104 percent of par that carries a coupon
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