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20. Several years ago the Jakob Company sold a $1,000 par value, noncallable bond that now has 10 a 6% annual coupon that is paid

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20. Several years ago the Jakob Company sold a $1,000 par value, noncallable bond that now has 10 a 6% annual coupon that is paid semiannually. The bond currently sells for $600, and the compe What is the after-tax cost of debt for use in the WACC calculation? A. 8.12% B. 13.37% C. 6.68% D. 8.02% E. 13.53% 20. Several years ago the Jakob Company sold a $1,000 par value, noncallable bond that now has 10 a 6% annual coupon that is paid semiannually. The bond currently sells for $600, and the compe What is the after-tax cost of debt for use in the WACC calculation? A. 8.12% B. 13.37% C. 6.68% D. 8.02% E. 13.53%

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