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The outstanding debt of Bersen Corp. has ten years to maturity, a current yield of 7%, and a price of $80. What is the protax

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The outstanding debt of Bersen Corp. has ten years to maturity, a current yield of 7%, and a price of $80. What is the protax cost of debt if the tax rate is 30% Note: The current yield of a bond is its annual coupon divided by its price, O A. 0.94% B. 5.2% O C.7% OD 8.67%

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