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Ba Tis Corporation is considering issuing RM20 Million worth of 10-year, 10% coupon bond yield of 8%, therefore the company must issue the bonds for
Ba Tis Corporation is considering issuing RM20 Million worth of 10-year, 10% coupon bond yield of 8%, therefore the company must issue the bonds for RM990 to compensate for the lower interest rate and has a flotation cost of RM2. What is the return on Debt after Tax 35% (rDT)? O 11.64% O 10.64% 6.8096 10.45%
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Corporate Financial Reporting And Analysis
Authors: David Young, Jacob Cohen
3rd Edition
1118470559, 9781118470558
