Question
please help me! thanks in advance Beckham Corporation has semiannual bonds outstanding with 10 years to maturity and the bonds are currently priced at $746.16.
please help me! thanks in advance
Beckham Corporation has semiannual bonds outstanding with 10 years to maturity and the bonds are currently priced at $746.16. If the bonds have a coupon rate of 8.5 percent, then what is the after-tax cost of debt for Beckham if its marginal tax rate is 35%?
| A. | 13.130% | |
| B. | 8.125% | |
| C. | 8.535% | |
| D. | 6.570% |
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Guide To Finance Theory And Application Portfolio Mathematics
Authors: Professional Risk Managers' International Association (PRMIA)
1st Edition
0071731814
