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Business, 03.12.2021 03:30 jorgefrom584

One Step, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 19 years to maturity that is quoted at 94 percent of face value. The issue makes semiannual payments and has a coupon rate of 8 percent. What is the company's pretax cost of debt

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One Step, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with...
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