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Business, 12.03.2020 02:10 genyjoannerubiera

A firm has outstanding debt with a coupon rate of 8%, seven years maturity, and a price of $1,000. What is the after-tax cost of debt if the marginal tax rate of the firm is 35%

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A firm has outstanding debt with a coupon rate of 8%, seven years maturity, and a price of $1,000. W...
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