Assume you have 23000 in consumer debt outstanding the


Assume you have $23,000 in consumer debt outstanding. The average annual interest rate on credit cards was 17%. The average rate on home equity credit lines was 6%. If you borrow the $23,000 through a home equity line, what would your after-tax cost of debt assuming you are in the 30% tax-bracket

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Financial Management: Assume you have 23000 in consumer debt outstanding the
Reference No:- TGS01568618

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