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2. Firm A just financed with a 20-year bond issuing today. The bond sold at $750 with semiannual coupon payments. The coupon rate is 6.5%

2. Firm A just financed with a 20-year bond issuing today. The bond sold at $750 with semiannual coupon payments. The coupon rate is 6.5% Par value is $1000. If the marginal tax rate is 21%, what is the after-tax cost of debt

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