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Question 11 4 pts The H-mart's currently outstanding 6 percent annual coupon bonds have maturity of 20 years with par value of $1,000. Current price

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Question 11 4 pts The H-mart's currently outstanding 6 percent annual coupon bonds have maturity of 20 years with par value of $1,000. Current price of bond is $850. H-mart believes it could issue new bonds that would provide a similar yield to maturity. If its marginal tax rate is 40%, what is H- mart's after tax cost of debt? 3.86% 4.48% O 5,84% O 7.21% 9.73%

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