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If the firms tax rate is 38 what is the component cost of

Question - To help finance a major expansion, Sorban Inc. sold a bond several years ago that now has 20 years to maturity. This bond has a 7.5% stated rate, paid semiannually, and sells at 98.5. If the firm's tax rate is 38%, what is the component cost of debt for use in the WACC calculation?

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Accounting Basics: If the firms tax rate is 38 what is the component cost of

Reference No:- TGS02885419

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