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show calculations, not excel Tatiana's Tea Shop issued a 12-year, 5% semiannual coupon bond four years ago. The bond is currently trading at a price
show calculations, not excel
Tatiana's Tea Shop issued a 12-year, 5% semiannual coupon bond four years ago. The bond is currently trading at a price of 97.7500. The company's tax rate is 32%. 3. What is the firm's pre-tax cost of debt? 4. What is the firm's after-tax cost of debtStep by Step Solution
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