A bond issue sells for $780.The coupon rate is 9.25%, the bonds mature in 13 years, and

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A bond issue sells for $780.The coupon rate is 9.25%, the bonds mature in 13 years, and interest is paid semi-annually.The tax rate is 35%.What is the aftertax cost of debt?

Posted Date: May 18, 2024 10:13 PM

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A bond issue sells for $780.The coupon rate is 9.25%, the bonds mature in 13 years, and

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