Historic Artifacts, Inc. has the following two bonds outstanding.Use the information to get the weighted average cost
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Question:
Historic Artifacts, Inc. has the following two bonds outstanding.Use the information to get the weighted average cost of debt for Historic Artifacts.
Bond ABond B
Face Value10001000
Current price10598
Coupon rate6%5%
Years to maturity138
Number of bonds outstanding7,5006,000
CompoundingAnnualSemiannual
YTM on Bond A _____________
YTM on Bond B _____________
Market Value % on Bond A ______________
Market Value % on Bond B ______________
Weighted Average Cost of Debt __________
Posted Date: