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The heuser companys currently outstanding bonds have a 9

The Heuser Company's currently outstanding bonds have a 9% coupon and a 14% yield to maturity. Heuser believes it could issue new bonds at par that provide a similar yield to maturity. If its marginal tax rate is 35%, what is Heuser's after-tax cost of debt?

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Finance Basics: The heuser companys currently outstanding bonds have a 9

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Finance Basics: The heuser companys currently outstanding bonds have a 9

Reference No:- TGS01479033

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