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A certain company issues bonds with a total face value of 10 million yuan, a coupon rate of 12%, a repayment period of 5 years,

A certain company issues bonds with a total face value of 10 million yuan, a coupon rate of 12%, a repayment period of 5 years, an issuance rate of 3%, and an income tax rate of 33% If the market price is 12 million yuan, the cost of bond capital is ?

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