nyamwelu69 nyamwelu69
  • 17-01-2023
  • SAT
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9. 2YK has in issue 9% debentures which are redeemable in 4 year's time at £100 nominal. The current market price is £ 105 ex interest. Estimate the cost of debt given a corporation tax rate of 25% and no time de lay in tax relief.​

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