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please help P14-9 (similar to) Question Help * (Cost of debt ( lemple-Midland, Inc. is issuingS1 par value bond that pays a percant annual interest
please help
P14-9 (similar to) Question Help * (Cost of debt ( lemple-Midland, Inc. is issuingS1 par value bond that pays a percant annual interest and matures in 1b years nvestors are willing to pay S er value bond thet pays8 8 percent annua or the bond and lemple taces a tax rete at 28 percent What s I emple's atter-tax cost at debt on the bond? The after-tax cost ot debt is% (Ro und to two decimal places) Enter your answer in the answer box and then click CheckAnswer All parts showing Clear Al CheckStep by Step Solution
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