Keys Printing plans to issue a $3,000 par value, 12 year noncallable bond with an 8 annual coupon, paid semiannually The company 's marginal tax rate is 40 , but Congress is considering a change in the corporate tax rate to 11 By how much (in percent) would the component cost of debt used to calcul...

To find the change in the component cost of debt used to calculate the Weighted Average Cost of Capi ...

Keys Printing plans to issue a $3,000 par value, 12-year noncallable bond with an 8% annual coupon,

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Keys Printing plans to issue a $3,000 par value, 12-year noncallable bond with an 8% annual coupon, paid semiannually. The company's marginal tax rate is 40%, but Congress is considering a change in the corporate tax rate to 11%. By how much (in percent) would the component cost of debt used to calculate the WACC change if the new tax rate was adopted?