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Boulder Furniture has bonds oktstanding that mature in 10 years, have a 8 percent coupon, and pay interest annually. These bonds have a face value
Boulder Furniture has bonds oktstanding that mature in 10 years, have a 8 percent coupon, and pay interest annually. These bonds have a face value of $1,000 and a current market price of $1,050. What is the company's after-tax cost of debt if its tax rate is 35 percent? 5.84% 7.28% B. Oc 4.73% OD. 3.78%
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