The Outstanding Bonds of Tech Express Are Priced at $989

question 74

Multiple Choice

The outstanding bonds of Tech Express are priced at $989 and mature in 10 years.These bonds have a 6 percent coupon and pay interest annually.The firm's tax rate is 35 percent.What is the firm's aftertax cost of debt?

• A)3.01 percent
• B)3.22 percent
• C)3.35 percent
• D)4.00 percent
• E)4.41 percent

---

Definitions:

Good Mother

A concept often explored in psychology that pertains to the ideal characteristics or behaviors of a nurturing and supportive mother.

Bad Mother

An often subjective term referring to perceived inadequacies or failures in maternal behaviors and care, affecting child development and emotional well-being.

Personality Theory

The study of the development, structure, and functioning of personality, including the traits and mechanisms that underlie individual differences in behavior.

Characterized Interactions

Interpersonal exchanges that are defined or distinguished by specific, recognizable features or traits.