asked 129k views
4 votes
Spanolia LLC is estimating its WACC. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for 1,000 USD. The firm's marginal tax rate is 40 percent. What is the after-tax cost of debt

asked
User Wgm
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1 Answer

4 votes
Text me I know the answer I have the book
answered
User Sidneydobber
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7.9k points
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