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Gail's Greenhouse has currently outstanding $1,000 par, semi-annual coupon bonds that sell for $916 and have 15 years to maturity. If the coupon rate is
Gail's Greenhouse has currently outstanding $1,000 par, semi-annual coupon bonds that sell for $916 and have 15 years to maturity. If the coupon rate is 7.5%: What is the yield to maturity? If the tax rate is 35%, what is the company's after-tax cost of debt
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