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Up0
Is the cost of debt stated under the Statement of Cash Flows after taxed figure?
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Up3
okay all good now… found the reason why.
http://www.schweser.com/news/news_updates.php?new_level=cfa2&type=schweser#practice_exams_vol_1
Practise Exams, Vol. 1,
Page 17: The cost of debt of 4.50% given in the last exhibit should be listed as after-tax.
Posted: 2013-03-18:-w
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Up1
hmmm… that’s bad… i convert it to a after tax figure to get WACC (to calculate the value to firm) but the solution just add the actual figure.
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