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I'm having trouble figuring this out. Can you help? If a firm's before-tax cost of debt is 5% and the firm's tax rate is 30%,
I'm having trouble figuring this out. Can you help?
If a firm's before-tax cost of debt is 5% and the firm's tax rate is 30%, what would be its after-tax cost of debt?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
