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Author Question: Tardy Clocks Inc. (TC) has long term bonds with a face value of $6M, the coupon rate on the bonds is ... (Read 107 times)

asd123

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on: Apr 25, 2021
Tardy Clocks Inc. (TC) has long term bonds with a face value of $6M, the coupon rate on the bonds is 6% and the yield on the bonds is also 6%. The unlevered cost of equity is 10% and the value of TC's equity is $9.1M. The corporate tax rate is 35%. What is the required return of shareholders at Tardy?
◦ 6.00%
◦ 10.00%
◦ 10.92%
◦ 11.71%
◦ 12.57%
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Marked as best answer by asd123 on Apr 25, 2021

nixon_s

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asd123

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

connor417

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Reply 3 on: Yesterday
Excellent

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