Outstanding debt of Home Depot trades with a yield to maturity of 7%. The tax rate of Home Depot is 35%. What is the effective cost of debt of Home Depot?
A) 4.55%
B) 5.01%
C) 5.46%
D) 5.69%
Answer: A
Business
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Business
The base unit for measuring length in the metric system is the _____________________
a. liter b. meter c. kilogram d. mole
Business