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Fin3227 Limited has outstanding debt in the form of semi-annual coupon-paying bonds. The bonds have 4 years left until maturity, a 9% coupon rate and

Fin3227 Limited has outstanding debt in the form of semi-annual coupon-paying bonds. The bonds have 4 years left until maturity, a 9% coupon rate and currently trade at $1,065. Fin3227s tax rate is 32%. What is the companys effective cost of debt?

		D. 4.83%
		C. 7.10%
		A. 6.52%
		B. 6.55%

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