Black Hill Inc, sells $100 million worth of 18 year to maturity 7.58% annual coupon bonds. The

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Black Hill Inc, sells $100 million worth of 18 year to maturity 7.58% annual coupon bonds. The net proceeds ( proceeds after flotation costs) are $972 for each $1,000 bond. what is the before tax cost of capital for this debt financing?

Posted Date: May 18, 2024 12:08 PM

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Black Hill Inc, sells $100 million worth of 18 year to maturity 7.58% annual coupon bonds. The

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