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The coupon rate on a debt issue is 7%. If the yield to maturity on the debt is 9%, what is the after-tax cost of
The coupon rate on a debt issue is 7%. If the yield to maturity on the debt is 9%, what is the after-tax cost of debt in the weighted average cost of capital if the firm's tax rate is 32%?
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
