Question
our investment banker tell us that our firm could sell 15 year old bonds with a 5.25% coupon for 1138.98. our tax rate is 35%.
our investment banker tell us that our firm could sell 15 year old bonds with a 5.25% coupon for 1138.98. our tax rate is 35%. our after tax cost of debit is exprectes to be ?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
