cost of debt using financial calculator and show answer: Prime's current capital structure consists of 40% equity and 60% debt. Its equity consists of 200,000 common shares. The company is considering whether to increase its debt-to-equity ratio to 65% debt and 35% equity. The company has 1.5 beta. Its 25 years bond is sold at $950 with 6% semi annual coupon rate

Answer rating: 100% (QA)

Answer To calculate the cost of debt using a financial calculator we need to fo... View the full answer