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The after-tax cost of debt is generally: A. equal to the coupon rate of the latest bonds issued by a firm. B. less than the
The after-tax cost of debt is generally:
A. | equal to the coupon rate of the latest bonds issued by a firm. | |
B. | less than the yield to maturity of the latest bonds issued by a firm. | |
C. | greater than the yield to maturity on the latest bonds issued by a firm. | |
D. | less than the coupon rate of the latest bonds issued by a firm. |
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