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After-tax cost of debt For the following $1,000-par-value bond, assuming annual interest payment and a 21% tax rate, calculate the after-tax cost of debt. (Click
After-tax cost of debt For the following $1,000-par-value bond, assuming annual interest payment and a 21% tax rate, calculate the after-tax cost of debt. (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Discount (-) or Coupon Life Underwriting fee premium (+) interest rate 20 years $35 $30 7%
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