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The firm has 7 , 5 0 0 bonds outstanding with a face value of $ 1 , 0 0 0 per bond. The bonds
The firm has bonds outstanding with a face value of $ per bond. The bonds carry a percent coupon, pay interest semiannually, and mature in years. The bonds are selling at percent of face value. The company's tax rate is percent. What is the firm's aftertax cost of debt?
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