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Need this ASAP please! Avicorp has bonds that are currently quoted at 120% of its face value. The bonds mature in 6 years and carry
Need this ASAP please!
Avicorp has bonds that are currently quoted at 120% of its face value. The bonds mature in 6 years and carry an 8 percent annual coupon. What is the companys after-tax cost of debt if the applicable tax rate is 21 percent?
6.85 percent
3.29 percent
4.16 percent
5.27 percent
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