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mhbtelc mhbtelc
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A month ago
Montreal Snowmobiles has issued bonds at par that are paying 10% interest per year. The firm has a tax rate of 40%. What is the firm after-tax cost of debt?

▸ 6%

▸ 14%

▸ 7%

▸ 10%
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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otis24otis24
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A month ago
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