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

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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

 

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