A company has outstanding long-term bonds with a face
A company has outstanding long-term bonds with a face value of $1,000, a 10% coupon rate, 25 years remaining until maturity, and a current market value of $1,214.82. If the company's tax rate is 40%, what is the after-tax cost of debt?
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a company has outstanding long-term bonds with a face value of 1000 a 10 coupon rate 25 years remaining until
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