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FIND THE BEFORE AND AFTER COST OF DEBT: Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the

FIND THE BEFORE AND AFTER COST OF DEBT: image text in transcribed

Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the before- and after-tax cost of debt. Use the 21% corporate tax rate

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