Save Answer A company issues a $1000 par value, 8 coupon, 5 year annual bonds that can be sold for $956 each Flotation costs would amount to $32 per bond Tax rate is 40 Calculate after tax cost of debt financing Round your answer to 4 decimal places

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Save Answer A company issues a $1000 par value, 8  coupon, 5 year annual bonds that can be sold for $956 each  Flotation costs would amount to $32 per bond  Tax rate is 40   Calculate after tax cost of debt financing  Round your answer to 4 decimal places

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Save Answer A company issues a $1000 par value, 8% coupon, 5-year annual bonds that can be sold for $956 each. Flotation costs would amount

Save Answer A company issues a $1000 par value, 8% coupon, 5-year annual bonds that can be sold for $956 each. Flotation costs would amount to $32 per bond. Tax rate is 40%. Calculate after tax cost of debt financing. Round your answer to 4 decimal places

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