Calculate the after tax of debt

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Question - A firm has outstanding 11% coupon bonds that have a yield to maturity of 8%. New bonds could be issued at par with a similar YTM. The marginal tax rate is 21%. Calculate the after tax of debt.

Reference no: EM133117752

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Calculate the after tax of debt : Question - A firm has outstanding 11% coupon bonds that have a yield to maturity of 8%. Calculate the after tax of debt
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