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Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the before- and after-tax cost of debt. Use the

Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the before- and after-tax cost of debt. Use the 21% corporate tax rate. Issuer Name-ATT Inc. Coupon Rate-6.10% Years to Maturity-33 Price-$1,009.41

Q)The before-tax cost of debt for ATT Inc. is Q) The after-tax cost of debt for ATT Inc. is Enter your response in %. (Round to two decimal places.)

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