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Sheridan Industries has 8 percent coupon bonds outstanding. These bonds have a market price of $ 9 4 5 . 6 0 , pay interest
Sheridan Industries has percent coupon bonds outstanding. These bonds have a market price of $ pay interest semiannually, and will mature in years. If the tax rate is percent, what are the pretax cost and aftertax cost of this debt? Round answers to decimal places, eg
Pretax cost
Aftertax cost
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