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The outstanding bonds of Tech Express are priced at $989 and mature in 10 years. These bonds have a 6 percent coupon and pay interest
The outstanding bonds of Tech Express are priced at $989 and mature in 10 years. These bonds have a 6 percent coupon and pay interest annually. The firm's tax rate is 35 percent. What is the firm's after tax cost of debt
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
12th Edition
0357442156, 978-0357442159
