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Author Question: To help finance a major expansion, Delano Development Company sold a noncallable bond several years ... (Read 65 times)

acwiles

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on: Aug 7, 2023
To help finance a major expansion, Delano Development Company sold a noncallable bond several years ago that now has 16 years to maturity. This bond has an 11% annual coupon, paid semiannually, it sells at a price of $1,080, and it has a par value of $1,000. If Delano’s tax rate is 35%, what component cost of debt should be used in the WACC calculation?

◦

6.49%


◦

6.87%


◦

7.16%


◦

7.50%

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by acwiles on Aug 7, 2023

leilani49

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Reply #1 on: Aug 7, 2023
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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acwiles

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

bbburns21

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Reply 3 on: Yesterday
Excellent

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