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Homework answers / question archive / The 6% semiannual coupon, 7-year notes of Woodbine Transportation, Inc

The 6% semiannual coupon, 7-year notes of Woodbine Transportation, Inc

Finance

The 6% semiannual coupon, 7-year notes of Woodbine Transportation, Inc. trade for a price of 94.54. What is the company's after-tax cost of debt capital if its marginal tax rate is 30%?

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