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Can you answer all thanks 2. An overview of a firm's cost of debt To calculate the after-tax cost of debt, multiply the before-tax cost

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2. An overview of a firm's cost of debt To calculate the after-tax cost of debt, multiply the before-tax cost of debt by (1 - T) . s Tips Three Waters Company (TWC) can borrow funds at an interest rate of 11.10% for a period of eight years. Its marginal federal-plus-state tax rate is Tips 25%. TWC's after-tax cost of debt is (rounded to two decimal places). OU At the present time, Three Waters Company (TWC) has 15-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,329.55 per bond, carry a coupon rate of 12%, and distribute annual coupon payments. The company incurs a federal- ols plus-state tax rate of 25%. If TWC wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? (Note: Round your YTM rate to two decimal place.) oductory O 4.87% O 6.09% O 5.48% O 7.31% Grade It Now Save & Continue Continue without saving

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