Business, 14.12.2020 16:30, adelawilliams60

What is the before-tax cost of debt for a corporation that issued 15-year bonds with a 10 percent annual coupon, paid semi-annually, par value of $1,000, bond sale price of $970, and $20 issue cost per bond, if the corporation has a marginal tax rate of 23%

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What is the before-tax cost of debt for a corporation that issued 15-year bonds with a 10 percent an...