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Counterweight company has debt outstanding with a coupon rate of 4.5 percent and a yield to maturity of 7.5 percent. What is the aftertaste cost

Counterweight company has debt outstanding with a coupon rate of 4.5 percent and a yield to maturity of 7.5 percent. What is the aftertaste cost of debt if the tax rate is 22 percent. Assume all interest is tax deductible.

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