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Business, 09.12.2019 21:31 jakiyahporter0817

Rockingham motors issued a 30-year, 8 percent semiannual bond 3 years ago. the bond currently sells for 103.1 percent of its face value. the company's tax rate is 34 percent. what is the aftertax cost of debt?

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Rockingham motors issued a 30-year, 8 percent semiannual bond 3 years ago. the bond currently sells...
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