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1. Suppose the General Tool Company Issued a 20-year, 7%% coupon, $1000 face value bond, ! years ago. The bond is currently selling for $616.

1. Suppose the General Tool Company Issued a 20-year, 7%% coupon, $1000 face value bond, ! years ago. The bond is currently selling for $616. The tax rate Is 3006. a. What is the pretax cost of debt? ...

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