Question: part 1 and 2 please Intro Simple Corp. has one bond issue oustanding, with a maturity of 10.5 years, a coupon rate of 3,3% and
Intro Simple Corp. has one bond issue oustanding, with a maturity of 10.5 years, a coupon rate of 3,3% and a yield to maturity of 5.9%. Simple Corp.'s average tax rate is 18% and its marginal tax rate is 29%. Part 1 What is the (pre-tax) cost of debt? VB Attempt 1/5 for 2 pts 3. decimals Submit Part 2 Attempt 1/5 for 2 pts. What is the after-tax cost of debt? 4+decimals
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