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Problem 6 Intro A company has bonds outstanding with an average interest rate of 4%. If it issued a new bond now, the interest rate
Problem 6 Intro A company has bonds outstanding with an average interest rate of 4%. If it issued a new bond now, the interest rate would be 7%. The corporate tax rate is 15%. | Attempt 3/10 for 10 pts. Part 1 What is the after-tax cost of debt? 4+ decimals Previous answers:.034; .0085 Submit
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