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Company A has a $10 million debt issue outstanding, with a 8% coupon rate. The debt has semiannual coupons, the next coupon is due in
Company A has a $10 million debt issue outstanding, with a 8% coupon rate. The debt has semiannual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 95% of par value. If the company has a 49% tax rate What is Company's A post tax cost of debt
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