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If a semi-annual bond with current price $870, 5 year maturity and coupon rate 5%, par value $1000, tax rate is 40% 1) what is

If a semi-annual bond with current price $870, 5 year maturity and coupon rate 5%, par value $1000, tax rate is 40%

1) what is before tax cost of debt

2) what is after tax cost of debt

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