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Suppose a company has 15,000 7% coupon bond outstanding. these bonds have 15 years to maturity and are selling for 92% of par. Each bond

Suppose a company has 15,000 7% coupon bond outstanding. these bonds have 15 years to maturity and are selling for 92% of par. Each bond has 1000 par value and makes semiannual payments. if the tax rate is 35%, then the after-tax cost of debt is? solve in excel

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