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Business, 28.09.2019 01:10 heavyhearttim

The heuser company’s currently outstanding bonds have a 10% coupon and a 12% yield to maturity. heuser believes it could issue new bonds at par that would provide a similar yield to maturity. if its marginal tax rate is 35%, what is heuser’s after-tax cost of debt?

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The heuser company’s currently outstanding bonds have a 10% coupon and a 12% yield to maturity. heus...
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