What is the ytm if the companys tax rate is 40 what is the


Suppose a company currently has some bonds outstanding in the market The bonds have 10 years until maturity, they pay a coupon rate of 6% on a semi-annual basis. If the company's bonds are selling now for $965, what is the YTM? If the company's tax rate is 40%, what is the cost of debt?

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Financial Management: What is the ytm if the companys tax rate is 40 what is the
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