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Author Question: Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a ... (Read 163 times)

nenivikky

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on: Apr 25, 2021
Ernst's Electrical has a bond issue outstanding with ten years to maturity. These bonds have a $1,000 face value, a 5 percent coupon, and pay interest semi-annually. The bonds are currently quoted at 96 percent of face value. What is Ernst's pre-tax cost of debt?
◦ 4.47 percent
◦ 4.97 percent
◦ 5.33 percent
◦ 5.53 percent
◦ 5.94 percent
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Marked as best answer by nenivikky on Apr 25, 2021

ryhom

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nenivikky

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Reply 2 on: Apr 25, 2021
Excellent

nathang24

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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