Xyz company has issued 30-year semi-annual bonds that have


XYZ Company has issued 30-year, semi-annual bonds that have a 5 percent coupon. The face amount of each bond at the time of issue was $1,000.

These bonds are currently selling for 112% of face value. What is the company's pre-tax cost of debt?

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Financial Management: Xyz company has issued 30-year semi-annual bonds that have
Reference No:- TGS02856001

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