ESTIMATE THE COST OF DEBT Below is information on Yum!'s bonds: Maturity Year Book value (m) Quoted price YTM Coupon 2043 $275 90.900 5.744% 5.350% 2037 600 107.930 5.898 6.875 2032 1,100 92.102 5.914 4.625 2032 1,000 96.580 5.923 5.375 2031 1,050 87.570 8.853 3.625 2030 800 87.025 7.618 4.750

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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ESTIMATE THE COST OF DEBT
Below is information on Yum!'s bonds:
Maturity Year
Book value (m)
Quoted price
YTM
Coupon
2043
$275
90.900
5.744%
5.350%
2037
600
107.930
5.898
6.875
2032
1,100
92.102
5.914
4.625
2032
1,000
96.580
5.923
5.375
2031
1,050
87.570
8.853
3.625
2030
800
87.025
7.618
4.750
Transcribed Image Text:ESTIMATE THE COST OF DEBT Below is information on Yum!'s bonds: Maturity Year Book value (m) Quoted price YTM Coupon 2043 $275 90.900 5.744% 5.350% 2037 600 107.930 5.898 6.875 2032 1,100 92.102 5.914 4.625 2032 1,000 96.580 5.923 5.375 2031 1,050 87.570 8.853 3.625 2030 800 87.025 7.618 4.750
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