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Fresh Fish Food has bonds that mature in 8 years. the bonds have a 2.5% coupon rate paid semi-annually. they have a yield to maturity

Fresh Fish Food has bonds that mature in 8 years. the bonds have a 2.5% coupon rate paid semi-annually. they have a yield to maturity of 6% and a tax bracket of 38%. Flotation costs are 12% of the price. what is the cost of debt?

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