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Business, 20.12.2019 19:31 williedenmark42

Revive co. has outstanding 20-year noncallable bonds with a face value of $1000. these bonds have a current market price of $1382.73 and an annual coupon rate of 13%. the comp; any faces a tax rate of 35%.

if the company wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt? a. 6.9%b 5.75%c 5.18%d 6.61%

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Revive co. has outstanding 20-year noncallable bonds with a face value of $1000. these bonds have a...
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