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Question 20 (1 point) Bright Crops Corp. issued a 30-year, 8 percent semiannual coupon bond 6 years ago. The bond currently sells for 90 percent

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Question 20 (1 point) Bright Crops Corp. issued a 30-year, 8 percent semiannual coupon bond 6 years ago. The bond currently sells for 90 percent of its face value. What is the after-tax cost of debt if the company's tax rate is 21 percent? 07.13 percent 4.75 percent 5.38 percent 9.03 percent 4.63 percent

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