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Business, 13.08.2021 05:00 tdahna0403

LL Incorporated's currently outstanding 8% coupon bonds have a yield to maturity of 5.4%. LL believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 25%, what is LL's after-tax cost of debt

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LL Incorporated's currently outstanding 8% coupon bonds have a yield to maturity of 5.4%. LL believe...
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