$38$

A company has a total market value of $$100$ milion, $$30$ millon of which is short$-1$erm debt The cost of that short$-$term debt was $4\mathrm{.}585.$ The company has a marginal tax rate of $40\%$

What is the weighted after$-$tax cost of short$-$term debt for this company?

$30\mathrm{.}1\%$

$45\%$

$135\%$

$0\mathrm{.}81\%$

$16$Asy

BOOKMARKED

clear