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nect 3. Calculating Cost of Debt Suspect Corp. issued a 30-year, 5.8 percent semiannual bond seven years ago. The bond currently sells for 104 percent

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nect 3. Calculating Cost of Debt Suspect Corp. issued a 30-year, 5.8 percent semiannual bond seven years ago. The bond currently sells for 104 percent of its face value. The company's tax rate is 35 percent. a. What is the pretax cost of debt? b. What is the aftertax cost of debt

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