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A firm has issued $100M in a 6% semi-annual bond which has 5 years remaining and is trading in the market today at a discount
A firm has issued $100M in a 6% semi-annual bond which has 5 years remaining and is trading in the market today at a discount of 2% (i.e. priced at $98 per $100 par). The company tax rate is 30%. How does this look in the WACC calculation
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