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Business, 23.10.2019 21:00 loveoneonly9153

Keys printing plans to issue a $1,000 par value, 20-year noncallable bond with a 7.00% annual coupon, paid semiannually. the company's marginal tax rate is 40.00%, but congress is considering a change in the corporate tax rate to 45.00%. by how much would the component cost of debt used to calculate the wacc change if the new tax rate was adopted? a. –0.30% b. –0.35% c. –0.36% d. –0.44%

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