Suppose AMAZON issued a 20-year 10% coupon bond eight years ago. Today, the bond is selling at

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Suppose AMAZON issued a 20-year 10% coupon bond eight years ago. Today, the bond is selling at 80% of its face value, that is, at $ 800. What is the cost of AMAZON debt? (Use 4 decimal places, do not use percentages). (answers on excel)

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: May 13, 2024 05:42 AM

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Suppose AMAZON issued a 20-year 10% coupon bond eight years ago. Today, the bond is selling at

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Corporate Finance

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