Determine cost of capital from the bond debt
A bond that has a $1,000 par value and a contract or coupon interest rate of 10.5%. The bonds have a current market value of $1,123 and will mature in 10 years. the firm's marginal tax rate is 34%. The cost of capital from this bond debt is ___
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The bonds have a current market value of $1,123 and will mature in 10 years. the firm's marginal tax rate is 34%. The cost of capital from this bond debt is?
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