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The coupon rate on a debt issue is 6%. If the yield to maturity on the debt is 10%, what is the after-tax cost of

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The coupon rate on a debt issue is 6%. If the yield to maturity on the debt is 10%, what is the after-tax cost of debt in the weighted average cost of capital if the firm's tax rate is 34%? (Round your answer to 2 decimal places.) Multiple Choice 0.755 5.25 660% 795

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