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    indyc's Avatar
    indyc Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Aug 24, 2009, 04:27 PM
    using the net price of debt to find the cost of debt
    par value $1,000.00
    interest 7% 70.00
    years 15
    mrkt price $958.00
    flotation 11.00%
    tax rate 18.00%

    Net price = 852.62
    Cost =
    A-T Cost =
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Aug 25, 2009, 12:41 AM

    Please see the guidelines for posting homework problems:
    Ask Me Help Desk - Announcements in Forum : Homework Help
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