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multiple choice is 4.85% 4.47% 3.02% 3.23% 5.13% Charlie Customs has a bond outstanding with a coupon rate of 6 percent and semiannual payments. The
multiple choice is 4.85% 4.47% 3.02% 3.23% 5.13% Charlie Customs has a bond outstanding with a coupon rate of 6 percent and semiannual payments. The bond currently sells for $946 and matures in 22 years. The par value is $ 1,000 and the company's tax rate is 25 percent. What is the company's after-tax cost of debt
multiple choice is
4.85%
4.47%
3.02%
3.23%
5.13%
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
