Question: please answer correct to decimal places Back to Assignment Attempts Keep the Highest / 1 1. Problem 9-02 (After-Tax Cost of Debt) ebook After-Tax Cost

please answer correct to decimal places

Back to Assignment Attempts Keep the Highest / 1 1. Problem 9-02 (After-Tax Cost of Debt) ebook After-Tax Cost of Debt LL Incorporated's currently outstanding 10% coupon bonds have a yield to maturity of 2.7%. LL believes it could issue new bands at par that would provide a similar Vield to maturity. If its marginal tax rate is 25%, what is it's after tax cost of debt? Round your answer to two decimal places Grade It Now Save & Continue Continue without saving

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