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builtrite is considering selling bonds for plant expansion. currently builtrite believes that it could sell 20 year maturity, $1000 par value, 6 3/8 % coupon
builtrite is considering selling bonds for plant expansion. currently builtrite believes that it could sell 20 year maturity, $1000 par value, 6 3/8 % coupon bonds after flotation cost for $1080. if builtrite is in the 34% marginal tax bracket, what is the after cost for the bonds
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
