A 1000 par value bond has 7 years to maturity the bond pays
A $1,000 par value bond has 7 years to maturity. The bond pays $60 a year in interest and is selling for $900. Given a 30% tax bracket, what is the after tax cost of this debt?
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a 1000 par value bond has 7 years to maturity the bond pays 60 a year in interest and is selling for 900 given a 30 tax
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