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Business, 09.11.2020 16:50 anggar20

Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a 9% coupon, semiannual payment ($45 payment every 6 months). The bonds currently sell for $896.87. If the firm's marginal tax rate is 25%, what is the firm's after-tax cost of debt

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Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds wi...

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