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Smart Beta Inc. has a bond outstanding that sells for $2,183 and matures in 19 years. The bond has a coupon rate of 10% paid

Smart Beta Inc. has a bond outstanding that sells for $2,183 and matures in 19 years. The bond has a coupon rate of 10% paid semiannually. The par value is $2,000. The company's tax rate is 35%. The before tax cost of debt is 4.15%8.99%5.84%6.56%3.71%

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