- Last year Firm D had a weighted interest rate of debt of 1 1 % ....

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-

Last year Firm D had a weighted interest rate of debt of

11 % .

If the corporate tax was

22 %

for that firm. What was the after tax interest rate on debt for firm D

?

Related Book For answer-question

Intermediate Financial Management

ISBN: 978-1111530266

11th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Posted Date: Feb 27, 2024 12:44 AM

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- Last year Firm D had a weighted interest rate of debt of 1 1 % ....

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Expert Answer:

To calculate the aftertax interest rate you can use the formula AftertaxInterestRateWeightedInterest... View the full answer

Intermediate Financial Management

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