The before-tax cost of debt for a firm, which has a marginal tax rate of 40 percent, is 12 percent. The after-tax cost of debt is ________
A) 4.8 percent
B) 6.0 percent
C) 7.2 percent
D) 12 percent
C
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Value chain analysis views a firm as a series of business processes that each adds value to the product or service.
Answer the following statement true (T) or false (F)
An affirmative action plan that includes quotas based on a specified number or percentage of
minority applicants or employees are legal. Indicate whether the statement is true or false
Brick executes a will, telling the witnesses that the document they are about to sign is his "last will and testament." After Brick's death, the will is admitted for probate. Cecily, his lawyer, reads the will to his heirs. The publication of the will is
A. Brick's declaration to the witnesses. B. Brick's execution of the will. C. Cecily's reading of the will to Brick's heirs. D. the admission of the will for probate.
The estimated cost, loss, or damage that can result if a threat exploits a vulnerability best describes
A) total cost of ownership. B) present value of risk. C) exposure. D) risk feasibility assessment.