What is the component cost of debt for use in the wacc


Weir Inc. has a bond in its capital structure that has 20 years to maturity left. The bond has a 9.15% coupon paid annually, sells at a price of $1,000 and has a par value of $1,000. If the firm's tax rate is 38%, what is the component cost of debt for use in the WACC calculation?

 

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the component cost of debt for use in the wacc
Reference No:- TGS02293924

Expected delivery within 24 Hours