Question: EV Corp has determined that it could issue corporate bonds with an 8 percent coupon paid semi-annually and a five-year maturity at $900 per bond.

EV Corp has determined that it could issue corporate bonds with

EV Corp has determined that it could issue corporate bonds with an 8 percent coupon paid semi-annually and a five-year maturity at $900 per bond. If the company's marginal tax rate is 38 percent, its after-tax cost of debt is closest to: O a. 6.2 percent O b. 6.4 percent O c. 6.6 percent O d. 6.9 percent

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