Question

company has dept outstanding with a coupon rate of 6.0% and a yield to maturity of 7.9%. Its tax rate is 38% assume the dept has annual coupon. What is the company after tax cost of dept?

Related Questions

Current yield and yield to maturity A bond has a $1,000 par value, 10 years to maturity, a 7 perc... 3. CDL Inc. currently has a $10 million bond issue outstanding, which carries a coupon rate of 8.3%... Suppose Delta Company issued bonds with a 15-year maturity, a Rs. 1,000 par value, a 12 percent coup... Moore Company is about to issue a bond with semiannual coupon payments, a coupon rate of 8%, and par...