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Question 2 1 pts KSS has $1000 par value bonds with an 8% coupon rate and coupons paid annually that mature in 20 years. The

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Question 2 1 pts KSS has $1000 par value bonds with an 8% coupon rate and coupons paid annually that mature in 20 years. The bonds are selling for $1,100. KSS has an average tax rate of 30%. KSS is in the 40% marginal tax bracket. What is the after tax cost of debt? O 4.94% 4.23% 3.53% O 7.05%

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