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( 1 1 - 9 ) Bond Yield and After - Tax Cost of Debt A company's 6 % coupon rate, semiannual payment, $ 1
Bond Yield and AfterTax Cost of Debt
A company's coupon rate, semiannual payment, $ par value bond that matures in years sells at a price of $ The company's federalplusstate tax rate is What is the firm's aftertax component
cost of debt for purposes of calculating the WACC? Hint: Base your answer on the nominal annual rate.
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