Approximate the before tax cost using the
Approximate the before tax cost using the following
par value$1000
annual interest payment $95
proceeds from the sale of debt $960
years to maturity 20
A. 10.89%
B. 8.89%
C. 9.89%
D. cannot be found with information provided.
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approximate the before tax cost using the followingpar value1000annual interest payment 95proceeds from the sale of
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