USA manufacturing issued 30 year 7.50% semi annual bonds 6 years ago. the bonds currently sell at 101% of face value. what is the firms after tax cost of debt if the tax rate is 35% please tell me how to solve on financial calculator ba 2 plus if possible, if not possible by hand ?

Answer rating: 100% (QA)

To calculate the aftertax cost of debt we need to consider the coupon rate the curren... View the full answer