A bond issue sells for 850 the coupon rate is 81 the bonds
A bond issue sells for $850. The coupon rate is 8.1%, the bonds mature in 21 years, and interest is paid quarterly. The tax rate is 35%. What is the aftertax cost of debt?
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a bond issue sells for 850 the coupon rate is 81 the bonds mature in 21 years and interest is paid quarterly the tax
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