The firm’s after-tax cost of debt is (See Table 11.2.)
A. 4.6 percent.
B. 6 percent.
C. 7 percent.
D. 7.7 percent.
Answer:A
The firm’s after-tax cost of debt is (See Table 11.2.)
A. 4.6 percent. B. 6 percent. C. 7 percent. D. 7.7 percent.