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Can you answer this ASAP Usually-Ready Battery Inc. bonds sell for $846.04. The coupon rate is 8%, paid semi-annually and the bonds mature in 25
Can you answer this ASAP
Usually-Ready Battery Inc. bonds sell for $846.04.
The coupon rate is 8%, paid semi-annually and the bonds mature in 25 years.
The companys tax rate is 30%.
What is Usually-Ready's after-tax cost of debt?
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