The bonds have an 8 coupon rate make quarterly payment and
Cliff Corp has 1,000 outstanding bonds maturing in exactly 8 years with a face value of $1,000. The bonds have an 8% coupon rate, make quarterly payment and currently sell for 96% of par. What is Cliff Corp's before tax cost of debt?
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cliff corp has 1000 outstanding bonds maturing in exactly 8 years with a face value of 1000 the bonds have an 8 coupon
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