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multiple choice for answer in second picture The coupon rate on an issue of debt is 8%. The yield to maturity on this issue is
multiple choice for answer in second picture 
The coupon rate on an issue of debt is 8%. The yield to maturity on this issue is 12%. The corporate tax rate is 40%. What would be the approximate after-tax cost of debt for a new issue of bonds? Note: Round your answer to 2 decimal places. Multiple Choice 585% 9.35\% 720% 865% Step by Step Solution
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
