What is a cost of debt

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Assume that A Limited issued an eight-year, 7% debenture two years ago. The debenture is currently selling for $95.38. What is A's cost of debt?

Reference no: EM132700857

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What is a cost of debt : Assume that A Limited issued an eight-year, 7% debenture two years ago. The debenture is currently selling for $95.38. What is A's cost of debt?
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