Question: Please include financial calculator inputs needed, if possible, in solution. Cost of Debt: Practice The Lawson Company has a seven-year bond outstanding with a 6

Please include financial calculator inputs needed, if possible, in solution. Cost

Please include financial calculator inputs needed, if possible, in solution.

Cost of Debt: Practice The Lawson Company has a seven-year bond outstanding with a 6 percent coupon. Interest payments are paid semi-annually. The face amount of the bond is $1,000. This bond is currently selling for 101 percent of its face value. What is the company's pre-tax cost of debt? . Answer: 5.82% Did you get it correct? How to find out bond price if the quote is 101 percent

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