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Assume that BWL Limited has Tshs 10,000 par value zero-coupon bonds outstanding.BWL bonds are currently trading at 3,855.40 with 10Yeras to maturity. BWL tax bracket

Assume that BWL Limited has Tshs 10,000 par value zero-coupon bonds outstanding.BWL bonds are currently trading at 3,855.40 with 10Yeras to maturity. BWL tax bracket is 40%. Determine the cost of debt for BWL

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