Business
Business, 05.12.2019 21:31, ameliaduxha7

Galvatron metals has a bond outstanding with a coupon rate of 6.7 percent and semiannual payments. the bond currently sells for $1,863 and matures in 21 years. the par value is $2,000 and the company's tax rate is 40 percent. what is the company's aftertax cost of debt?

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Galvatron metals has a bond outstanding with a coupon rate of 6.7 percent and semiannual payments. t...

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