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QUESTION 13 The coupon rate on a debt issue is 44 . If the yleld to maturity on the debt is 7%, what is the

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QUESTION 13 The coupon rate on a debt issue is 44 . If the yleld to maturity on the debt is 7%, what is the after-tax cost of debt in the weighted average cost of capital if the firms tax rate is 35% ? ENTER YOUR ANSWER AS A PERCENTAGE TO ONE DECIMAL PEACE. DO NOT INCLUDE THE \& SIGN IN YOUR

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