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The curtent outstanding 12% coupon bonds of Ramen corp offer an 8.2% yield to maturity. Romen thinks it could issue nev bonds at pat with

The curtent outstanding 12% coupon bonds of Ramen corp offer an 8.2% yield to maturity. Romen thinks it could issue nev bonds at pat with a comparable yeld fo maturity What is Ranien's after-tax cost of debt (in percent) if its marginal tax rate is 25%

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