A bond that has a $1,000 face value a contract or coupon interest rate of 11.8%. The bonds have a current market value of $1,121 and will mature in 10 years. The firms marginal tax rate is 34%.
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A bond that has a $1,000 face value a contract or coupon interest rate of 11.8%. The bonds have a current market value of $1,121 and will mature in 10 years. The firms marginal tax rate is 34%.
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