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The approximate before-tax cost of debt for a 10-year, 7.6 percent, $1,000 par value bond selling at $1,120 is 6.34 percent a. b. 9 percent

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The approximate before-tax cost of debt for a 10-year, 7.6 percent, $1,000 par value bond selling at $1,120 is 6.34 percent a. b. 9 percent 5.97 percent C. d. 8.82 percent

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