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Hey Jude bonds have a 8.0% annual coupon and pay interest semi-annually. The face value is $1,000 and the current market price is $1,054.60 per

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Hey Jude bonds have a 8.0% annual coupon and pay interest semi-annually. The face value is $1,000 and the current market price is $1,054.60 per bond. The bonds mature in 7 years. The current tax rate is 33%. What is the Cost of Debt

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