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Lewis, Schultz, and Nobel Development Corp. has an after-tax cost of debt of 4.5%. With a tax rate of 30%, what is the yield on
Lewis, Schultz, and Nobel Development Corp. has an after-tax cost of debt of 4.5%. With a tax rate of 30%, what is the yield on the debt?
4.41%
(WRONG)9.0%
1.89%
6.43
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Stock Market Investing For Beginners
Authors: George Graham
1st Edition
1914346432, 978-1914346439
