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Bond Yield and After-Tax Cost of DebtA company's 6% coupon rate, semiannual payment, $1,000 par valuebond that matures in 20 years sells at a price

Bond Yield and After-Tax Cost of DebtA company's 6% coupon rate, semiannual payment, $1,000 par valuebond that matures in 20 years sells at a price of $548.61. Thecompany's federal-plus-state tax r 2 answers

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