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Manal Elkhoshkhany
Manal Elkhoshkhany, Bachelor's Degree
Category: Single Problem
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Experience:  Finished my BA degree with a GPA of 4.0.
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Corp.'s outstanding bonds have 5.8% semi-annual coupons, 5

Customer Question

Walter Corp.'s outstanding bonds have 5.8% semi-annual coupons, 5 years left until maturity, and are currently priced at $974.67. The firm's marginal tax rate is 38%. Walter's after-tax cost of debt is ____%.
Submitted: 2 years ago.
Category: Single Problem
Expert:  Manal Elkhoshkhany replied 2 years ago.
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