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  • 17-10-2022
  • Business
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Blue Suede plc is trying to determine its cost of debt. The firm has a debt issue outstanding with 10 years to maturity that is quoted at 104 per cent of face value. The issue makes pays a coupon of 7.2 per cent annually. The tax rate is 18 per cent and the face value of the debt is €1,000.

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