A company with a 32% effective tax rate has $1,000 par value 6% semi-annual coupon...
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Finance
A company with a 32% effective tax rate has $1,000 par value 6% semi-annual coupon bonds outstanding that mature in 7 years and trade at a market price today of $1,125 per bond. What is the after-tax cost of debt that you would use in the calculation the company's weighted average cost of capital (WACC)? 3.94%2.67%4.08%2.68%3.92%
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