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Business, 25.11.2021 06:40 kennyg02

Electronic Products has 35,000 bonds outstanding that are currently quoted at 102.3. The bonds mature in 11 years and carry a 9 percent annual coupon. What is the firm's aftertax cost of debt if the applicable tax rate is 30 percent

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Electronic Products has 35,000 bonds outstanding that are currently quoted at 102.3. The bonds matur...
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