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Business, 26.11.2019 02:31 brandon1888

At the present time fuzzy button clothing company fbcc has a series of 10 year non callable bonds with a face value of $1000 that are outstanding these bonds have a current market price of $1495.56 per bond carry a coupon rate of 10 and distribute annual coupon payments the company incurs a federal plus state tax of 45 of fbcc wants to issue new dad what would be a reasonable estimate for its after tax cost of debt?

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