Tobins barbeque has a bank loan at 8 interest and an


Tobin's Barbeque has a bank loan at 8% interest and an after-tax cost of debt of 6%. What will the after-tax cost of debt be when the loan is due if a new loan is taken out yielding 11%.

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Finance Basics: Tobins barbeque has a bank loan at 8 interest and an
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