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Compute the before - tax cost of debt for a planned new issues of bonds. The annual interest in dollars is ( 7 . 2
Compute the beforetax cost of debt for a planned new issues of bonds.
The annual interest in dollars is $par $
The par value of the bonds is $
The flotation costs amount to $
The net proceeds of the bond is $Par $Float $
The bonds will mature in twentyfive years
The firm's tax rate is
Note: Enter your answer in percentage terms, but don't include the percent sign, and go out two decimal places eg enter for
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