Computing pre-tax cost of debt, Finance Basics

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Computing pre-tax cost of debt

Marvin's Interiors issued 8-year bonds 2 years ago. The bonds have a face value of $1,800, a 7.0 percent, semiannual coupon, and a current market price of $1,389. What is the pre-tax cost of debt?

12.53 percent

14.23 percent

13.79 percent

13.28 percent

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Finance Basics: Computing pre-tax cost of debt

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Finance Basics: Computing pre-tax cost of debt

Reference No:- TGS042519

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Recent Questions Asked Finance Basics

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Finance Basics: Computing pre-tax cost of debt

Reference No:- TGS042519

Recent Questions Asked Finance Basics

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