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-Assume that all of Newmarket's debt consists of 5100 par value bonds with a coupon rate of 3.80%. The bends make semb-annual payments, mature on

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-Assume that all of Newmarket's debt consists of 5100 par value bonds with a coupon rate of 3.80%. The bends make semb-annual payments, mature on October 1, 2029 and trade at $8.763 Extra Credit: Use the data provided to estimate the cost of equity using a method OTHER THAN the CAPM(5 pts) Rs= Using the data above. What is the best estimate for the after-tax cost of debt? (S pts) What is the best estimate for Newmarket's WACC? Use your estimate of Rs obtained from the CAPM for this calcuation. (5 pts)

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