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5 Map putational 06. Chapters 12 and 13 Saved Help Save & Exit Sub 4 Micro Spinoffs, Inc., issued 10-year debt a year ago at
5 Map putational 06. Chapters 12 and 13 Saved Help Save & Exit Sub 4 Micro Spinoffs, Inc., issued 10-year debt a year ago at par value with a coupon rate of 6%, paid annually. Today, the debt is selling at $1.060. If the firm's tax bracket is 30% what is its after-tax cost of debt? (Do not round Intermediate calculations, Round your answer to 2 decimal places.) After-tax cost of debt 5 Hint Print ferences
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