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A companys 6% coupon rate, semi-annual par value $1,000 bond that matures in 30 years sells at a current price of $515.16. The companys federal

A companys 6% coupon rate, semi-annual par value $1,000 bond that matures in 30 years sells at a current price of $515.16. The companys federal plus state tax rate is 40%. What is the firms after-tax component cost of debt for purposes of calculating WAAC?

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