The company Paneles Solares de Occidente has decided to issue a debt bond for $200 million pesos at 10 years, with a nominal value per coupon of $2,000 and interest rate of %12. This bond will be operated by Banamex with a cost per $35 coupon. The starting price of the coupon was set at $1,950. Estimate the cost of financing.

Q&A Education