The companys tax rate is 40 percent what is the pretax cost
Himiny's Cricket Farm Issued a 27-year, 11 percent semiannual bond 2 years ago. The bond currently sells for 92 percent of its face value. The company's tax rate is 40 percent. What is the pretax cost of debt?
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himinys cricket farm issued a 27-year 11 percent semiannual bond 2 years ago the bond currently sells for 92 percent of
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