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Micro Spinoffs Incorporated issued 2 0 - year debt a year ago at par value with a coupon rate of 8 % , paid annually.
Micro Spinoffs Incorporated issued year debt a year ago at par value with a coupon rate of paid annually. Today, the debt is selling at $ If the firm's tax bracket is what is its percentage cost of debt? Assume a face value of $ Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places. Cost of debtM
Micro Spinoffs Incorporated issued year debt a year ago at par value with a coupon rate of paid annually. Today, the debt is selling at $ If the firm's tax bracket is what is its percentage cost of debt? Assume a face value of $
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
Cost of debtM
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