the coupon rate on an issue of debt is 9% the yield to maturity on...
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Finance
the coupon rate on an issue of debt is 9% the yield to maturity on this issue is 12%. the corporate tax rate is 36%
what would be ther approximate after-tax cost of debt for a new issue of bonds
A. 7.68
B. 9.13
C 9.83
D 6.33
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