Usa manufacturing issued 30-year 85 percent semi annual
USA Manufacturing issued 30-year, 8.5 percent semi annual bonds 6 years ago. The bonds currently sell at 101 percent of face value. What is the firm's after tax cost of debt if the tax rate is 30 percent?
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usa manufacturing issued 30-year 85 percent semi annual bonds 6 years ago the bonds currently sell at 101 percent of
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