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9. The Carriage House issued 10-year, 8 percent semiannual bonds 3 years ago. The bonds currently sell at 99.5 percent of face value. What is

9. The Carriage House issued 10-year, 8 percent semiannual bonds 3 years ago. The bonds currently sell at 99.5 percent of face value. What is the firm's aftertax cost of debt if the tax rate is 32 percent

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