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please help me question 19 The Neil Co. issued 8%, semi-annual coupon bonds with 5 years to maturity. Each bond is currently selling for $960.

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The Neil Co. issued 8%, semi-annual coupon bonds with 5 years to maturity. Each bond is currently selling for $960. If the firm's tax rate is 40%, what would be the after-tax cost of issuing new debt? (Round your answer to one tenth of a percent.) 3.6% 9.0% 4.5% 5,4%

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