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Keys Printing plans to issue a $1.000 par value, 20 -year noncallable bond with a 7.000 annual coupon, paid semiannually. The company's marginal tax rate

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Keys Printing plans to issue a $1.000 par value, 20 -year noncallable bond with a 7.000 annual coupon, paid semiannually. The company's marginal tax rate is 40.00%, but Congress is considering a change in the corporate tax rate to 25,00%, By how much would the component cost of debt used to calculate the WACC change if the new tax rate was adopted? Do not round your intermediate calculations. 1.0536 0.98x D89: 085% 1.091

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