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The after-tax cost of debt is generally:

A. equal to the coupon rate of the latest bonds issued by a firm.

B. less than the yield to maturity of the latest bonds issued by a firm.

C. greater than the yield to maturity on the latest bonds issued by a firm.

D. less than the coupon rate of the latest bonds issued by a firm.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92346302

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