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has only one outstanding bond. The bond has exactly 7 years until it matures, pays interest annually, and its coupon is 5%. the bond is
has only one outstanding bond. The bond has exactly 7 years until it matures, pays interest annually, and its coupon is 5%. the bond is currently trading in the market at 101, and has a face value of 1,000. tax rate is 15%. calculate after tax cost of debt
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