Walter corps outstanding bonds have 58 semi-annual coupons


Walter Corp.'s outstanding bonds have 5.8% semi-annual coupons, 5 years left until maturity, and are currently priced at $974.67. The firm's marginal tax rate is 38%. Walter's after-tax cost of debt is ____%

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HR Management: Walter corps outstanding bonds have 58 semi-annual coupons
Reference No:- TGS01097735

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