Business, 19.12.2019 00:31 anymouse3455
The cost of debt: packman corporation has semiannual bonds outstanding with nine years to maturity and are currently priced at $754.08. if the bonds have a coupon rate of 7.25 percent, then what is the after-tax cost of debt for packman if its marginal tax rate is 30 percent? complete the calculation as is done on wall street.
7.050%
8.225%
12.095%
11.750%
Answers: 3
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The cost of debt: packman corporation has semiannual bonds outstanding with nine years to maturity...
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