|
Title: MTD Inc. has a new bond issue that will net the firm $1,603,500. The bonds have a $1,500,000 par ... Post by: solina on May 31, 2017 MTD Inc. has a new bond issue that will net the firm $1,603,500. The bonds have a $1,500,000 par value, pay interest annually at a 6% coupon rate, and mature in 10 years. The firm has a marginal tax rate of 34%. The after-tax cost of the debt issue is
A) 5.1%. B) 3.37%. C) 5.6%. D) 6.58%. Title: Re: MTD Inc. has a new bond issue that will net the firm $1,603,500. The bonds have a $1,500,000 par ... Post by: Lutional on May 31, 2017 Content hidden
Title: Re: MTD Inc. has a new bond issue that will net the firm $1,603,500. The bonds have a $1,500,000 par ... Post by: solina on Jun 26, 2017 Thank you
-solina |