CG forest and paper ltd. raise capital by selling $5000000 worth of debt with flotation costs equal
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CG forest and paper ltd. raise capital by selling $5000000 worth of debt with flotation costs equal to 3% of its par value. if the debt matures in 15 years and has a coupon rate of 6%(paid annually), what is the bond,s YTM?
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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