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Sinner Service Inc. ( SSI ) has the following 2 , semi - annual coupon bond issues outstanding: Bond Coupon Rate Price Quote Maturity Face

Sinner Service Inc. (SSI) has the following 2, semi-annual coupon bond issues outstanding:
Bond Coupon Rate Price Quote Maturity Face Value
18%97.655.5 years $900,000
27%102.5510 years $500,000
If the corporate tax rate is 35%, what is the after-tax cost of debt for SSI.?

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