Question
A companys 7% coupon rate, semiannual payment, $1,000 par value bond that matures in 20 years sells at a price of $850.00. The companys federal-plus-state
A companys 7% coupon rate, semiannual payment, $1,000 par value bond that matures in 20 years sells at a price of $850.00. The companys federal-plus-state tax rate is 35%. What is the firms after-tax component cost of debt for purposes of calculating the WACC?
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
