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  3. the coupon rate on an issue of debt is 9% the yiel

the coupon rate on an issue of debt is 9% the yield to maturity on...

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Finance

the coupon rate on an issue of debt is 9% the yield to maturity on this issue is 12%. the corporate tax rate is 36%

what would be ther approximate after-tax cost of debt for a new issue of bonds

A. 7.68

B. 9.13

C 9.83

D 6.33

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