Telecom Systems can issue debt yielding 9 percent. The company is in a 30 percent bracket. What

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Telecom Systems can issue debt yielding 9 percent. The company is in a 30 percent bracket. What is its after-tax cost of debt?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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