velvetmckinley
Jan 8, 2011, 12:23 PM
How do you solve for the pre tax Cost of Debt with the followning info:
Settlement 12/01/00
Maturity 12/01/30
Price (% of par) 7
Coupon rate 108%
Payments per year 2
Tax rate 35%
Settlement 12/01/00
Maturity 12/01/30
Price (% of par) 7
Coupon rate 108%
Payments per year 2
Tax rate 35%