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HW Score: 79.41%, 13.5 of 17 pts P 13-6 (similar to) Question Help Airp has a $12.7 million debe standing, with a 62% coupon rate.

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HW Score: 79.41%, 13.5 of 17 pts P 13-6 (similar to) Question Help Airp has a $12.7 million debe standing, with a 62% coupon rate. The deithas semanal coupons, the next coupon is due in six months, and the debt es in five years. It is currently price of par value What is Aicorp's pre-cost of debt? Noter Compute the effective annual retum If Avicarp faces a 40 fax rate, what is its after-tax cost of debt? NO Assume that the firm wilways be able to its un interest to shi The cost of debt is per year. (Round to four decimal places)

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