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ICU Window, Inc. is trying to determine its cost of debt. The firm has a debt issue outstanding with seven years to maturity that is

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ICU Window, Inc. is trying to determine its cost of debt. The firm has a debt issue outstanding with seven years to maturity that is quoted at 115 percent of face value. The issue makes semiannual payments and has an embedded cost of 106 percent annually What is the company's pretax cost of debt? (Do not found intermediate calculations and enter your answer as a percent rounded to 2 decimal places, ...12 16.) Pretax cost of debt If the tax rate is 40 percent, what is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Alettax cost of debt Hints References Book & Resources Check my work 9:00 PM 11/16/2020 Type here to search 310 hop 5 5 7 8. W E R. H K

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