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Business, 07.04.2020 15:49 kayal1076

Electronic Products has 22,500 bonds outstanding that are currently quoted at 101.6. The bonds mature in 8 years and pay an annual coupon payment of $90. What is the firm's aftertax cost of debt if the applicable tax rate is 34 percent?

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Electronic Products has 22,500 bonds outstanding that are currently quoted at 101.6. The bonds matur...

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