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Jay Bakery has a bond issue outstanding interest of 8 year the bond pay interest semiannual. Currently the bonds are quoted at 9 7 .
Jay Bakery has a bond issue outstanding interest of year the bond pay interest semiannual. Currently the bonds are quoted at of the face value and carry a coupon of what is the aftertax cost of debt, If the tax rate is Please use a financial Claulator not excel
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