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Question Help The dollar cost of debt for Healy Consulting, a US research firm, is 7.48% The firm faces a tax rate of 29% on

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Question Help The dollar cost of debt for Healy Consulting, a US research firm, is 7.48% The firm faces a tax rate of 29% on all income, no matter where it is earned Managers in the firm need to know its yon cost of debt because they are considering launching a new bond issue in Tokyo to raise money for a new investment there. The risk free interest rates on dollars and yen are rs = 5% and I=1.3%, respectively Healy Consulting is willing to assume that capital markets are internationally integrated and that is free cash flows are uncorrelated with the yen-dollar spot rate. What is Healy Consulting's after tax cost of debt in yen? (Hint Start by finding the after tax cost of debt in dollars and then finding the yen equivalent.) The attor-tax cost of debt in Yen is % (Round to three decimal places)

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