Hydro Systems has bonds outstanding with a face value of $1,000, 13 years to maturity, and a coupon rate of 6.5 percent, paid semi-annually. What is the company's pretax cost of debt if the bonds...

Hydro Systems has bonds outstanding with a face value of<br>$1,000, 13 years to maturity, and a coupon rate of 6.5<br>percent, paid semi-annually. What is the company's pretax<br>cost of debt if the bonds currently sell for $1,056?<br>6.42 percent<br>5.55 percent<br>5.36 percent<br>4.71 percent<br>5.88 percent<br>

Extracted text: Hydro Systems has bonds outstanding with a face value of $1,000, 13 years to maturity, and a coupon rate of 6.5 percent, paid semi-annually. What is the company's pretax cost of debt if the bonds currently sell for $1,056? 6.42 percent 5.55 percent 5.36 percent 4.71 percent 5.88 percent

Jun 11, 2022

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Hydro Systems has bonds outstanding with a face value of $1,000, 13 years to maturity, and a coupon rate of 6.5 percent, paid semi-annually. What is the company's pretax cost of debt if the bonds...

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