What is the ali reza cost of debt

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Case - Find Cost of Debt

Problem 1: Ali Reza Co. has a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9%, and coupons are paid semiannually. The bond is currently selling for $908.72 per $1,000 bond. What is the Ali Reza's cost of debt?

Reference no: EM132931235

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