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What is icus pretax cost of debt

Assignment:

ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with nine years to maturity that is quoted at 117.0 percent of face value. The issue makes semiannual payments and has an embedded cost of 11.0 percent annually.

Requirement:

What is ICU's pretax cost of debt.

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Finance Basics: What is icus pretax cost of debt

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