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Chttps//www.mathxl.com/Student/PlayerHomework.aspx2homeworkld-28 FinanceLab work: Week Four Problems 89809408&questionld-18flushed-false Help RUBEN SPENCER 7/2 172) (6) (7) (8) (9) (10) P14-13 (similar 1 of 12 complete Exercise Score:

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Chttps//www.mathxl.com/Student/PlayerHomework.aspx2homeworkld-28 FinanceLab work: Week Four Problems 89809408&questionld-18flushed-false Help RUBEN SPENCER 7/2 172) (6) (7) (8) (9) (10) P14-13 (similar 1 of 12 complete Exercise Score: O of 1 pt Assignment Score: 8.33% (1 of 12 pts) ost of debt) The Walgreen Corporation is contemplating a new investment that it plans to finance using one-third debt. The fim can sell new $1,000 par value bonds with a 15-year maturity at a price of $950 that (Cost of debt) The Walgreen Corporation is contemplating a new investment that carry a coupon interest rate of 12.8 percent that is paid semiannually. If the company is in a 34 percent tax bracket, what is the after-tax cost of capital to Walgreen for the bonds? The after-tax cost of debt is %. (Round to two decimal places.) Enter your answer in the answer box, then click Check Answer Clear Al Check Answer Save All parts showing eade

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