Suppose we have a bond issue currently outstanding that has
Suppose we have a bond issue currently outstanding that has 15 years left to maturity. The coupon rate is 6% and coupons are paid semiannually. The bond is currently selling for $900 per $1,000 bond. What is the cost of debt?
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suppose we have a bond issue currently outstanding that has 15 years left to maturity the coupon rate is 6 and coupons
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