Charles River Associates is considering whether to refinance either of the two perpetual bond issues the company
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Charles River Associates is considering whether to refinance either of the two perpetual bond issues the company currently has outstanding. Here is information about the two bond issues:
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Coupon rate Value outstanding Call premium Transaction cost of refunding Current interest rate Bond A 8% 75,000,000 8.5% 10,000,000 7% Bond B 9% 87,500,000 9.5% 12,000,000 7.25%
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Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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