Austin9128 Austin9128

21-11-2022
Business

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galvatron metals has a bond outstanding with a coupon rate of 6.2 percent and semiannual payments. the bond currently sells for $1,926 and matures in 18 years. the par value is $2,000 and the company's tax rate is 21 percent. what is the company's aftertax cost of debt?

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