What is its aftertax cost of debt

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Telecom Systems can issue debt yielding 12 percent. The company is in a 30 percent bracket. What is its aftertax cost of debt?

Reference no: EM13258413

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What is its aftertax cost of debt : Telecom Systems can issue debt yielding 12 percent. The company is in a 30 percent bracket. What is its aftertax cost of debt?
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