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(Cost of deef) The Zephyr Corporation is contemplating a new investment to be financed 39 percent from debe - The fem could sell new $1,000
(Cost of deef) The Zephyr Corporation is contemplating a new investment to be financed 39 percent from debe - The fem could sell new $1,000 par vilue bonds at a net price of 5915 . The coupon interest rave is 14 percent, and the bonds would mature in 18 yoars. If the company is in a 39 percent tax bracket, what is the after-tax cost of capital to Zephyr for bonds? The aflectax cost of capital to Zephyr for bonds is \%. (RRound to two decimai places.)
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