Ask Question
5 August, 18:48

Hamilton company's 8 percent coupon rate, quarterly payment, $1,000 par value bond, which matures in 20 years, currently sells at a price of $686.86. the company's tax rate is 40 percent. what is the firm's component cost of debt for purposes of calculating the wacc?

+3
Answers (1)
  1. 5 August, 18:54
    0
    The correct answer is the firm's component cost of debt for purposes of calculating the wacc is 7.32%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Hamilton company's 8 percent coupon rate, quarterly payment, $1,000 par value bond, which matures in 20 years, currently sells at a price ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers