A company has 5000000 debt with a coupon rate 12%.currently yield on maturity on these bonds is 14%.If the tax rate is 40%,what is the company after tax cost of debt?
imranbutt
Jun 25, 2012, 07:09 PM
A company has 5000000 debt with a coupon rate 12%.currently yield on maturity on these bonds is 14%.If the tax rate is 40%,what is the company after tax cost of debt?