The coupon rate of a debt issue 20 years to maturity is 9
The coupon rate of a debt issue ( 20 years to maturity) is 9%. If the yield to maturity on the debt is 11%. The face amount of the bonds is 1,000. What is the after tax cost of debt if the firm's tax rate is 40%?
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the coupon rate of a debt issue 20 years to maturity is 9 if the yield to maturity on the debt is 11 the face amount
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