question archive KatyDid Clothes has a $180 million (face value) 25-year bond issue selling for 103 percent of par that carries a coupon rate of 7 percent, paid semiannually
KatyDid Clothes has a $180 million (face value) 25-year bond issue selling for 103 percent of par that carries a coupon rate of 7 percent, paid semiannually
Subject:FinancePrice: Bought3
KatyDid Clothes has a $180 million (face value) 25-year bond issue selling for 103 percent of par that carries a coupon rate of 7 percent, paid semiannually. What would be KatyDid's before-tax component cost of debt? (Round your answer to 2 decimal places.)
PLEASE NOTE THAT ANSWERS 6.80%, 9.80%, 12.30%, 12.60% ARE INCORRECT. I posted this question numerous times but no one seems to answer it correctly
