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The company issued 1 0 0 0 0 bonds that are currently outstanding with 6 % annual coupon rate. The bonds mature in eight years

The company issued 10000 bonds that are currently outstanding with 6% annual coupon rate. The bonds mature in eight years and have a $1000 face value. These bonds are currently trading in the market for $1100. Estimate the pre-tax cost of devt as well as the after -tax of debt?

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