A company with a marginal tax rate of 35% and a yield on any new debt issuance
Question:
A company with a marginal tax rate of 35% and a yield on any new debt issuance of 8% has an after-tax cost of debt closest to:
A. 2.8%.
B. 5.2%.
C. 8.0%.
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Related Book For
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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