Temple-midland inc is issuing a 1000 par value bond that
Temple-Midland, Inc. is issuing a $1000 par value bond that pays 8.5% annual interest and matures in 15 years. Investors are willing to pay $949 for the bond and Temple faces a tax rate of 20%. What is Temple's after-tax cost of debt on the bond?
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what is the yield to call of a 20 year to maturity bond that pays a 1113 percent per year has a 1000 par value and is
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