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CU Window Inc. is trying to determine its costs of debt. the firm has a debt issue outstanding with ten years to maturity that is quoted at 115.5% of face value. the issue makes semiannual payments and has an embedded cost of 10.4 percent annually.

What is the company's pretax cost of debt.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92770807

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