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several years ago, the jakobe company issused a $1,000 par value, non callable bond that now has 20 years to maturity and a 7% annual

several years ago, the jakobe company issused a $1,000 par value, non callable bond that now has 20 years to maturity and a 7% annual coupon that is paid semiannually. the bond currently sells for $1025 and the companys tax rate is 40%. what is the component after tax cost of debt for use in the WACC calculation?

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