Question
the coupon rate on an issue of debt is 8% the yield to maturity on this issue is 10%. the corporate tax rate is 31%
the coupon rate on an issue of debt is 8% the yield to maturity on this issue is 10%. the corporate tax rate is 31%
what would be ther approximate after-tax cost of debt for a new issue of bonds
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
