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Business, 26.05.2021 04:20 idk4643

Mojo Mining has a bond outstanding that sells for $1,040 and matures in 18 years. The bond pays semiannual coupons and has a coupon rate of 5.54 percent. The par value is $1,000. If the company's tax rate is 35 percent, what is the aftertax cost of debt

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Mojo Mining has a bond outstanding that sells for $1,040 and matures in 18 years. The bond pays semi...
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