Katydid clothes has a 160 million face value 20-year bond


KatyDid Clothes has a $160 million (face value) 20-year bond issue selling for 101 percent of par that carries a coupon rate of 12 percent, paid semiannually. What would be Katydid’s before-tax component cost of debt

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Financial Management: Katydid clothes has a 160 million face value 20-year bond
Reference No:- TGS02147450

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