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Hello Shelie, Can you assist me with the next question? Thank you. Gary HW #9 Page 1 of 1 EMBA FIN526 spring 2017: FIN526 Gary

image text in transcribed

Hello Shelie,

Can you assist me with the next question?

Thank you.

Gary

image text in transcribed HW #9 Page 1 of 1 EMBA FIN526 spring 2017: FIN526 Gary Miller HW #9 inslmctlons i help 2 Va] He: . 4.00 points Advance, lnc.. ietryinglo dehmnineiiscodofdebt. Therm hasadebt'resueoutshnding with 12 yearsto metur'nythetiequotedet104pucemdfeeevah1e.Theiewemekeeeemiemnlpeymersendhese couponMeoHOpercem. What is the company's preux cost of debt? (Do nu round Intermediate calcullons and enter your answer as a percent rounded to 2 declmei places, e.g.. 32.16.) Prehxoodofm I 96 If the tax rate is 35 percent, whet' Is the afterhx and of debt? (00 not round lntemredlete calculations and enter your answer as a percent rounded to 2 decimal places, 0 9.. 32.16.) Alenaxcoetofdebt I '36 Hints References eBook & Resources Hint #1 Check my work

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