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2. Tax rate =30%. A 10%,10-year bond (issued by GM) pays interest annually. If the bond was issued 4 years ago and is currently quoted

2. Tax rate =30%. A 10%,10-year bond (issued by GM) pays interest annually. If the bond was issued 4 years ago and is currently quoted at 90 , calculate the cost of debt and actual cost of debt. Show the time line, abbreviated NS expression, and FCS entries

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