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Alberta Banks long-term bonds are currently priced to offer a yield-to-maturity of 10.5%. If Alberta Banks marginal tax rate is 35%, what is the after-tax

Alberta Banks long-term bonds are currently priced to offer a yield-to-maturity of 10.5%. If Alberta Banks marginal tax rate is 35%, what is the after-tax cost of debt on Alberta Banks bonds? a. 7.13% b. 6.83% c. 9.00% d. 14.18%

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