Question
WMT's tax rate is 21% and WMT has 100,000 bonds outstanding that pay $25 every six months. The bonds currently sell for $880 and mature
WMT's tax rate is 21% and WMT has 100,000 bonds outstanding that pay $25 every six months. The bonds currently sell for $880 and mature in 5 years. The U.S. Treasury bill (rf) is yielding 2% and the expected market return is 12%
What is WMT's cost of debt capital?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
