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Hamilton Company's 13.2 percent coupon rate, semiannual payment, $1,000 par value bond, which matures in 11 years, currently sells at a price of $594.18. The

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Hamilton Company's 13.2 percent coupon rate, semiannual payment, $1,000 par value bond, which matures in 11 years, currently sells at a price of $594.18. The company's tax rate is 35 percent. Based on the nominal interest rate, not the EAR, what is the firm's after-tax cost of debt for purposes of calculating the WACC? O 15.42% O 16.42% O 17.42% O 13.42% O 14.42%

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