Week 5: Cost of Capital: Cost of DEBT Example 4: A Co. has just issued...
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Finance
Week 5: Cost of Capital: Cost of DEBT Example 4: A Co. has just issued GH1.800 worth of debenture with a coupon rate of 15% p.a. The debenture is now trading at GH2,200. Issue cost has been determined at 5% of the face value. The Co-pays tax of 25% p.a. Calculate the cost of debt
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