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The profit after tax of an unlevered firm is Rs 18, 00,000. The levered income of a similar firm that uses Rs 50,00,000 bonds is

The profit after tax of an unlevered firm is Rs 18, 00,000. The levered income of a similar firm that uses Rs 50,00,000 bonds is 14, 50,000. If the tax rate is 30% calculate the coupon rate on the bonds raised by the company

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