How do you calculate the cost of long-term debt, annual, and the cost of long term debt
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How do you calculate the cost of long-term debt, annual, and the cost of long term debt nominal - annualized, for this?
Tax rate is 27%
Par Value is 1,000
Bond Price is 1,127
Bond Maturity is 20 years
Bound coupon rate is 0.0650
Bond coupon payment amount is 65
Related Book For
Valuation The Art and Science of Corporate Investment Decisions
ISBN: 978-0133479522
3rd edition
Authors: Sheridan Titman, John D. Martin
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