If the current market price of the bond is 66837 and the
Anthony's Anchovies, Inc. sold a 20-year bond issue two years ago. The bond has a 5.35% annual coupon and a $1,000 face value. If the current market price of the bond is $668.37 and the tax rate is 34%, what is the after tax cost of debt?
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anthonys anchovies inc sold a 20-year bond issue two years ago the bond has a 535 annual coupon and a 1000 face value
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