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Question 31T 1 pts Chapter 13. Beckham Corporation has semiannual bonds outstanding with nine years to maturity that are currently priced at $794.08. If the

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Question 31T 1 pts Chapter 13. Beckham Corporation has semiannual bonds outstanding with nine years to maturity that are currently priced at $794.08. If the bonds have a coupon rate of7.25 percent, then what is the after-tax cost of debt for Beckham if its marginal tax rate is 35 percent? Complete the calculation as is done on Wall Street. 7.084% 7.277% 11750% 12.095%

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