Yoyo company issued a 17 year non callable bond, 7 years ago. It pays semi annual coupons with a coupon rate of 6% and has a current market price of $861.01 now. If the firms tax rate is 25%, what is the component cost of debt that is used in the WACC calculation?

Answer rating: 100% (QA)

To calculate the component cost of debt we need to find the yield to maturi... View the full answer