Abc inc has 4 percent bonds outstanding that mature in 25


ABC, Inc. has 4 percent bonds outstanding that mature in 25 years. The bonds pay interest semiannually and have a face value of $1,000. Currently, the bonds are selling for $900 each. What is the firm's after-tax cost of debt if the tax rate is 38%?

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Finance Basics: Abc inc has 4 percent bonds outstanding that mature in 25
Reference No:- TGS0599762

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