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Business, 16.04.2020 17:06 danielanderson12

The Pet Market has $1,000 face value bonds outstanding with 18 years to maturity, a coupon rate of 9 percent, annual interest payments, and a current price of $835. What is the after tax cost of debt if the tax rate is 34 percent

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The Pet Market has $1,000 face value bonds outstanding with 18 years to maturity, a coupon rate of 9...
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