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A company's target capital structure is 2 5 percent debt and 7 5 percent common equity. Its bonds have a 6 percent coupon, paid annually,
A company's target capital structure is percent debt and percent common equity. Its bonds have a percent coupon, paid annually, a current maturity of years, and sell for $ The firm's marginal tax rate is percent. Which of the following is Rollins' after tax cost of debt?
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