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Supersonics Corp. issued a 10-year, 6 percent semiannual The bond currently sells for 97.0 percent of its face value of $1,000. The companys tax rate
Supersonics Corp. issued a 10-year, 6 percent semiannual The bond currently sells for 97.0 percent of its face value of $1,000. The companys tax rate is 21 percent. What is the after-tax cost of debt for Supersonics Corp.?
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