Company A is considering the issuance of a 15 year bond with a 9% coupon...
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Accounting
Company A is considering the issuance of a 15 year bond with a 9% coupon rate and issuance costs of $23 for each bond. The tax rate is 35%. Based on this information, the cost of debt after taxes of this bond is equal to:
| 6.04% |
| 4.32% |
| 4.23% |
| 6.01% |
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