=+LG 3 P94 Cost of debt using the approximation formula For each of the following $1,000-parvalue bonds,
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=+LG 3 P9–4 Cost of debt using the approximation formula For each of the following $1,000-parvalue bonds, assuming annual interest payment and a 21% tax rate, calculate the after-tax cost to maturity, using the approximation formula.
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Related Book For 
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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