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ratu ltd is planning to issue bonds with 4 years to maturity and a face value of $100. the coupon rate of the bonds is
ratu ltd is planning to issue bonds with 4 years to maturity and a face value of $100. the coupon rate of the bonds is 6.5% and coupons are paid annually. ratu expects the net proceeds from each bond issued to be $95. given the tax rate is 30%, determine the before and after tax cost o debt either the trial and error method or by calculating the irr
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