Find the effective annual after-tax cost of a 15 bank loan
Find the effective annual after-tax cost of a 15% bank loan for a company with a marginal tax rate of 40%, if
a. Interest and taxes are payable annually
b. Interest is payable annually and taxes are payable quarterly
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find the effective annual after-tax cost of a 15 bank loan for a company with a marginal tax rate of 40 ifa interest
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