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13. The income tax rate is 24% and Dell bonds have been issued with a 8% coupon rate and 15 years to maturity. What rate

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13. The income tax rate is 24% and Dell bonds have been issued with a 8% coupon rate and 15 years to maturity. What rate would be the rates for newly issued 15 -year Cook County bonds with the exact same bond rating? "Your answer must be a percentage and go 2 decimal places. C7 5 points

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