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How much cash interest must home depot pay

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Review Home Depot's note 4. The note reports that as of February 1, 2015, it had $2.963 billion of "5.875% Senior Notes; due December 16, 2036; interest payable semiannually on June 16 and December 16." These notes have a face value of $3.0 billion and were originally issued at $2.958 billion.

Why would Home Depot issue $3.0 billion of its notes for only $2.958 billion?

How much cash interest must Home Depot pay each June 16 and December 16 on these notes?

Reference no: EM131803164

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