Assertion: debt instrument's maturity | /r/HasProperty | 5 years
Facets:
Source sentences:
text: Therefore, if the market value of the debt is $1,000,000, the interest expenses are $60,000 and the maturity is 5 years, and the current cost of debt is 8%, then the market value of debt is: 60 x [1-(1/(1.08^5)) /0.08]+1000/(1.08^5)