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please solve this question Question No.5 Proposed Time : 15 Min. Total Marks : 10 (a) Seven years ago, Saim Limited issued a 30-year, 9%

please solve this question

Question No.5 Proposed Time : 15 Min. Total Marks : 10 (a) Seven years ago, Saim Limited issued a 30-year, 9% semi-annual bond, with a par value of Rs. 1,000. The bond currently sells for 108% of its face value. The company's tax rate is 30%. What is the after-tax cost of debt? 03

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