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eBook College Success Tips The Holmes Company's currently outstanding bonds have a 10% coupon and a 10% yield to maturity. Holmes believes it could issue

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eBook College Success Tips The Holmes Company's currently outstanding bonds have a 10% coupon and a 10% yield to maturity. Holmes believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 25%, what is Holmes' after-tax cost of debt? Round your answer to two decimal places. Career Success Tips % ? Help Q Give Feedback Save & Continue _1 Continue without saving

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