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A company's 8% annual coupon rate, semi-annual coupon payment, $1000 face value bond has 30-years until maturity and is currently selling at a price=$775. The
A company's 8% annual coupon rate, semi-annual coupon payment, $1000 face value bond has 30-years until maturity and is currently selling at a price=$775. The company's federal income tax rate =22%. What is the firm's after tax component cost of debt for the purpose of calculating the WACC
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
