Katydid clothes has a 110 million face value 25-year bond


KatyDid Clothes has a $110 million (face value) 25-year bond issue selling for 102 percent of par that carries a coupon rate of 8 percent, paid semi annually. What would be Katydid’s before-tax component cost of debt?

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Financial Management: Katydid clothes has a 110 million face value 25-year bond
Reference No:- TGS01240768

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