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A firm has outstanding debt with a coupon rate of 7%, seven years maturity, and a price of $1000 per 1 answer below » A firm has outstanding debt with a coupon rate of 7%, seven years maturity, and a price of $1000 per $1000 face value. What is the after-tax cost of debt if the marginal tax rate of the firm is 30%? Jul 30 2015 02:36 PM
