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Financial Accounting

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kashauna1077 | 21:30 Sat 22nd Nov 2008 | Business & Finance
3 Answers
Calculate the after tax cost od debt under each of the following conditions:
a. Interest rate, 13%; tax rate, 0%
b. Interest rate, 13%; tax rate, 20%
c. Interest rate 13%; tax rate, 35%
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why doesn't anyone listen to me?
kashauna,

The best way to learn is to try doing our coursework yourself.

This question seems easy- and I haven't been to any of the classes you should have been to.

If you take the trouble of having a go at working it out and post your answer on here I'll comment on your attempt.
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13% (1-0.0) = 13%
13% (1-0.2) = 10.4%
13%(1-0.35)= 8.45%

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