Homework Answers
a.3)
If Bonds are selling at par, then YTM is equals to the Coupon rate of the Bond.
YTM = 15.50%
After tax cost of Debt = 15.50%(1-34%) = 10.23%
Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.
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I'm not getting out put what should I do
I have 3 text files which is in same folder with main
program.
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not sure what I am doing wrong. Here are the instructions:
and here is my code:
update: I have seen I did not close x in sumFile and I am still
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