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Business, 28.10.2020 16:40 kmacho9726

Rearden Metal has a bond issue outstanding with ten years to maturity, a yield to maturity of 8.6%, and a B rating. The corresponding risk-free rate is 3% and the market risk premium is 6%. Assuming a normal economy, the expected return on Rearden Metal's debt is closest to:

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Rearden Metal has a bond issue outstanding with ten years to maturity, a yield to maturity of 8.6%,...
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