The firm’s after-tax cost of debt is (See Table 11.1.)
A. 3.25 percent.
B. 4.6 percent.
C. 8 percent.
D. 8.13 percent.
Answer:B
The firm’s after-tax cost of debt is (See Table 11.1.)
A. 3.25 percent. B. 4.6 percent. C. 8 percent. D. 8.13 percent.