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A company just issued a 30-year bond with a 7.5% coupon rate, and a $1000 par value that sold for a price of $764.32. What

A company just issued a 30-year bond with a 7.5% coupon rate, and a $1000 par value that sold for a price of $764.32. What is the After-tax of cost debt to the firm if its current tax rate is 30%?

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