ashleyheink5041 ashleyheink5041
  • 06-06-2023
  • Business
contestada

8 percent coupon rate (APR), $1,000 par value bond matures in 20 years with the price of $686.86. The bond pays interest quarterly and tax rate is 40 %.

What is the firm’s after-tax cost of debt for purposes of calculating the WACC?

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