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companys long twem debt ia selling for $900 per bond, with tax rate of 40%. theae semiannual bonds have 10 years to mayurity and 8%

companys long twem debt ia selling for $900 per bond, with tax rate of 40%. theae semiannual bonds have 10 years to mayurity and 8% annual coupon rate with semiannual payment frequency. how costly is it for this company to issue new bonds? assume par value of 1,000

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