Business, 25.11.2020 14:00, MeHelp101

Issuing a $1,000 par value bond with a yield to maturity of 10%. The company is in a 35 percent marginal tax bracket. What will be the firm’s after-tax cost of debt on the bond?

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Issuing a $1,000 par value bond with a yield to maturity of 10%. The company is in a 35 percent marg...