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ADK has 3 0 , 0 0 0 1 5 - year, 9 percent annual coupon bonds outstanding. If the bonds currently sell for 1
ADK has year, percent annual coupon bonds outstanding. If the bonds currently sell for percent of par and the firm pays an average tax rate of percent, what will be the beforetax and aftertax
component cost of debt?
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percent, percent
percent, percent
percent, percent
percent, percent
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