Question
Hewlett-Packard Company (HPQ) has an interest coverage ratio of 2.7. Assume the marginal tax rate is 35%. The risk-free rate of 4% and HPQ market
Hewlett-Packard Company (HPQ) has an interest coverage ratio of 2.7. Assume the marginal tax rate is 35%. The risk-free rate of 4% and HPQ market cap is $ 5.5 billion. What is the pre and after-tax cost of debt?
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Financial Accounting
Authors: Anne Britton, Chris Waterston
4th Edition
0273703609, 978-0273703600
