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Your company has a zero coupon bond issue outstanding that matures in 7 years. The bond is quoted at 40 percent. What is the firm's
Your company has a zero coupon bond issue outstanding that matures in 7 years. The bond is quoted at 40 percent.
What is the firm's after tax cost of debt if the tax rate is 30 percent?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
