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1. Problem 9-02 (After-Tax Cost of Debt) eBook After Tax Cost of Debt LL Incorporated's currently outstanding on coupon bonds have a yield to maturity

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1. Problem 9-02 (After-Tax Cost of Debt) eBook After Tax Cost of Debt LL Incorporated's currently outstanding on coupon bonds have a yield to maturity of S.2. LL beleves could see new bonds at par that would provide a similar Vield to maturit If its marginal tax rate is 25%, what is its after tax cost of debt? Round your answer to two decimal places

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