Question

7143 I = $2,857,143

I = $1,666,667

Calculate dollar amount of debt from interest expense:

Debt = Interest expense / YTM

Debt = $1,666,667 / 10.40%

Debt = $16,025,641

u200b

LOCAL STANDARDS: United States - OH - Default City - Tier 2: - Capital structure

Answer

This answer is hidden. It contains 0 characters.