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Decline Inc. is trying to determine its cost of debt. The firm has a debt issue outstanding with 1 0 years to maturity that is
Decline Inc. is trying to determine its cost of debt. The firm has a debt issue outstanding with years to maturity that is quoted at percent of face value of $ The issue makes semiannual payments with coupon rate. What is the aftertax cost of debt if the tax rate is percent?
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percent
percent
percent
percent
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