Royal Jewelers Incorporated has an aftertax cost of debt of 13.00 percent. With a tax rate...
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Royal Jewelers Incorporated has an aftertax cost of debt of 13.00 percent. With a tax rate of 35 percent, what can you assume the yield on the debt is? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Yield % Royal Jewelers Incorporated has an aftertax cost of debt of 13.00 percent. With a tax rate of 35 percent, what can you assume the yield on the debt is? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Yield %
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