Home / Questions / KatyDid Clothes has a $170 million face value 20year bond issue selling for 104 percent of...
KatyDid Clothes has a $170 million (face value) 20-year bond issue selling for 104 percent of par that carries a coupon rate of 13 percent, paid semiannually.
What would be KatyDid's before-tax component cost of debt? (Round your answer to 2 decimal places.)
Cost of debt %
Apr 02 2020 View more View Less
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