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The coupon rate on a debt issue is 7%. If the yield to maturity on the debt is 9%, what is the after-tax cost of

The coupon rate on a debt issue is 7%. If the yield to maturity on the debt is 9%, what is the after-tax cost of debt in the weighted average cost of capital if the firms tax rate is 43%? A 3.78% B 6.48% C 5.13% D 7.28%

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