The YTM on Apple bond is 3 % . The tax rate is 2 1 % what

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Question:

The YTM on Apple bond is

3 % .

The tax rate is

21 %

what is the after tax cost of debt?

Posted Date: May 06, 2024 03:20 AM

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The YTM on Apple bond is 3 % . The tax rate is 2 1 % what

Question:

Expert Answer:

To calculate the aftertax cost of debt we need to consider the yield to m... View the full answer

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