Answer Happy

Posted: **Wed Mar 09, 2022 8:41 am**

: 1 Cost Of Debt Capital 1 Blackstone Inc Has 12 Coupon Bonds That Yield 8 To Investors Buying Them Now Blackstone 1 (17.4 KiB) Viewed 45 times

1. COST OF DEBT CAPITAL (1) Blackstone Inc. has 12% coupon bonds that yield 8% to investors buying them now. Blackstone's marginal tax rate including federal and state tax rates is 37.5%. What is the firm's cost of capital for purposes of calculating WACC?