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Cute Camel Woodcraft Company (CCWC) can borrow funds at an interest rate of 7.30% for a period of eight years. Its marginal federal-plus-state tx rate

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Cute Camel Woodcraft Company (CCWC) can borrow funds at an interest rate of 7.30% for a period of eight years. Its marginal federal-plus-state tx rate is 35%CCWC after-tax cost of debt is (rounded to two decimal places). At the present time, Cute Camel Woodcraft Company (CCWC) has a series of ten-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,278.41 per bond, carry a coupon rate of 11%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 35%. If OCWe wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt rounded to two decimal places)? 5.269 5.48 3.66 after-tax cost of debt is funds at an interest rate of 7.30% for a p Seite. (rounded to two decimal places). 5.46% Cute Camel Woodcraft Co CWC) has a series of ten-year noncallab bonds have a current mari 4.75% pf $1,278.41 per bond, carry a coupon rat a federal-plus-state tax ra 10. If CCWC wants to issue new debt, what 5.23% two decimal places)? 4.51%

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