About the before-tax component cost of debt

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KatyDid Clothes has a $160 million (face value) 20-year bond issue selling for 101 percent of par that carries a coupon rate of 12 percent, paid semiannually. What would be Katydid’s before-tax component cost of debt

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About the before-tax component cost of debt : KatyDid Clothes has a $160 million (face value) 20-year bond issue selling for 101 percent of par that carries a coupon rate of 12 percent, paid semiannually. What would be Katydid’s before-tax component cost of debt
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