5 years ago barton industries issued 35-year noncallable


5 years ago, Barton Industries issued 35-year noncallable, semiannual bonds with a $2,000 face value and a 6% coupon, semiannual payment ($60 payment every 6 months). the bonds currently sell for $845.87. If the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt?

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Financial Management: 5 years ago barton industries issued 35-year noncallable
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