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A firm issues a semi-annual coupon bond with a coupon rate 12% maturing in 15 years current bond price is $1,153.72 and the firms marginal

A firm issues a semi-annual coupon bond with a coupon rate 12% maturing in 15 years current bond price is $1,153.72 and the firms marginal tax rate is 40%? What is cost of debt

Please calculate in an excel spreadsheet and show work

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