Question
PLZ ANSWER ASAP FOR QUICK UPVOTE; Your company is in the 30% tax bracket and it is considering borrowing money at 10%. Your firm is
PLZ ANSWER ASAP FOR QUICK UPVOTE;
Your company is in the 30% tax bracket and it is considering borrowing money at 10%. Your firm is currently losing money and does not expect to have taxable income for the next three years. What is the after-tax interest rate on the debt for your company in the next three years?
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A. 13%
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B. not enough info to determine
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C. 10%
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D. 7%
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Professionals Handbook Of Financial Risk Management
Authors: Lev Borodovsky, Marc Lore
1st Edition
0750641118, 978-0750641111
