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Posted: **Mon Jan 17, 2022 8:08 am**

: Example 4 A Co Has Just Issued Gh 1 800 Worth Of Debenture With A Coup 15 P A The Debenture Is Now Trading At Gh 2 2 1 (20.38 KiB) Viewed 43 times

Example 4: A Co. has just issued GH¢1,800 worth of debenture with a coup 15% p.a. The debenture is now trading at GH¢2,200. Issue cost has been det 5% of the face value. The Co. pays tax of 25% p.a. Calculate the cost of debt