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Cost of Debt Practice Example Eggy Inc., a Canadian firm, issues a new corporate bond with 15-year to maturity, 8% coupon, and par value of

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Cost of Debt Practice Example Eggy Inc., a Canadian firm, issues a new corporate bond with 15-year to maturity, 8% coupon, and par value of C$1,000. The bond is selling for C$1,070. a What is the YTM? b) What is the after-tax cost of debt if corporate tax rate in Canada is 15%

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