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The outstanding bonds of frank's fecycled Coods are priced at $978 and inature in 11 years. These bonds have a 60%6 coupcen and pay interest

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The outstanding bonds of frank's fecycled Coods are priced at $978 and inature in 11 years. These bonds have a 60%6 coupcen and pay interest ariraally The firm's tax rate is 34%. What is Frank's after-tax cost of debt? Multiple Clioice 427% 389% 415% 4.40%

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