A 54 bond with 6 months remaining until maturity is, Ask an Expert

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A 5.4% bond with 6 months remaining until maturity is currently trading at $1009. Assume semi-annual coupon payments. The firm's tax rate is 38%. The after-tax cost of debt is %. Do not round intermediate work, but round your 'final' answer to 2 decimal places (example: if your answer is 12.34567%, you should enter 12.35).

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Financial Management, Finance

Category:- Financial Management
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