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Business, 16.04.2020 21:36 isabelperez063
PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08. If the bonds have a coupon rate of 7.25 percent, what is the after-tax cost of debt for PackMan if its marginal tax rate is 30 percent? Round your intermediate calculation to two decimal places & final percentage answer to three decimal places.
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PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are c...
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