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Any help would be greatly appreciated 8) A company is trying to determine its cost of debt. The firm has an outstanding bond with 13

Any help would be greatly appreciated
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8) A company is trying to determine its cost of debt. The firm has an outstanding bond with 13 years to maturity that is quoted at 106% of face value. The bond issue pays semiannual interest and its annual interest rate is 6.20%. The company's tax rate is 22%. a. What is the yield on the bond? b. What is the after tax yield cost of debt

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