Business, 01.07.2019 17:10 faithtunison
Cost of debt. dunder-mifflin, inc. (dmi) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year. the bond will pay a coupon rate of 9.5% with semiannual payments and will mature in 30 years. its par value is $100. what is the cost of debt to dmi if the bonds raise the following amounts (ignoring issuing costs)?
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Cost of debt. dunder-mifflin, inc. (dmi) is selling 600,000 bonds to raise money for the publication...
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