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Several years ago the Jakob Company sold a $1,000 par value, callable bond that now has 20 years to that is paid semiannually. The bond

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Several years ago the Jakob Company sold a $1,000 par value, callable bond that now has 20 years to that is paid semiannually. The bond currently sells for $1,240, and the company's tax rate is 40%. What is the component cost of debt for use in the WACC calculation? (3 points) a. . co ojo

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