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Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the before- and after-tax cost of debt. Use
Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the before- and after-tax cost of debt. Use the 21% corporate tax rate. Issuer Name ATT Inc. The before-tax cost of debt for ATT Inc. is %. (Round to two decimal places.) The after-tax cost of debt for ATT Inc. is %. (Round to two decimal places.) Coupon Rate 4.50% Years to Maturity 27 Price $1,152.14
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Corporate Finance Core Principles And Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
6th Edition
1260571122, 978-1260571127
