ABC corp. has an AAA rated 6% coupon rate 10 year bond outstanding, which is trading at
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ABC corp. has an AAA rated 6% coupon rate 10 year bond outstanding, which is trading at par. A competitors AA rated bonds with the same maturity have a YRM of 9%. What is the cost of debt for ABC?
Related Book For
Corporate Finance The Core
ISBN: 9781292158334
4th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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