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Gould Design has $ 1 , 0 0 0 face value bonds outstanding with 1 7 years to maturity, a coupon rate of 5 percent,
Gould Design has $ face value bonds outstanding with years to maturity, a coupon rate of percent, semiannual interest payments, and a current price of $
What is the aftertax cost of debt if the tax rate is percent?
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