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Please give answers to the blanks. Thank you! QUESTION 2 Triplin Corporation can issue 20-year bonds with a coupon rate of 7.0%. The market price
Please give answers to the blanks. Thank you! 
QUESTION 2 Triplin Corporation can issue 20-year bonds with a coupon rate of 7.0%. The market price of the bonds is $978. Flotation costs for a new issue would be approximately 5.0% of the market price. Triplin Corporation's marginal tax rate is 35%. Determine the after-tax cost of debt. Flotation 70 NP 929.1 FV= N=20 PMT PV: 978 VY After-tax cost Step by Step Solution
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The Principals Guide To School Budgeting
Authors: Richard D. Sorenson, Lloyd M. Goldsmith
3rd Edition
1506389457, 978-1506389455
