Mathematics, 20.02.2022 19:30, lee1677

5 years ago, Barton Industries issued 25-year non-callable, semiannual bonds with 1,000 face value and a 7% coupon, semiannual payment ($35 payment every 6 months). The bonds currently sell for 844.87. If firms marginal tax is 25%, what is the firms after-tax of debt?

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5 years ago, Barton Industries issued 25-year non-callable, semiannual bonds with 1,000 face value a...