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Brown Enterprises has bonds that mature in 10 years with coupon rate of 8.5%. The coupon is paid annually. What is after tax cost of

Brown Enterprises has bonds that mature in 10 years with coupon rate of 8.5%. The coupon is paid annually. What is after tax cost of debt if bonds have face value of 1000$ and sell on the market $945. The tax rate is 40%

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