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The yield to maturity on SodaFizz s debt is 7 . 2 % . If the company s marginal tax rate is 2 1 %

The yield to maturity on SodaFizz

s debt is

7.2 % .

If the company

s marginal tax rate is

21 %,

what is

SodaFizz

s effective cost of debt?

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