Question
the morroe co. is going to issue a twenty year 8% annual coupon bond making semi-annual coupon payments. the bond will be priced at 907.99
the morroe co. is going to issue a twenty year 8% annual coupon bond making semi-annual coupon payments. the bond will be priced at 907.99 per if the firms tax rate is 26%, their after tax cost of debt will be __%?
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
