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This test can be saved and resumed at any point until time has expired. The time will continue to run you leave the les Your answers to saved automatically Remaining Time: 1 hour, 36 minutes, 49 seconds Ouestion Completion Status 2 3 9 32 10 29 11 13 15 17 195 205 210 223 24 25 26 27 28 30 31 Close Wind a. Moving to another question will save is response Question 24 of 3 Save A Duestion 24 9.375 points A esperate bond bas a face value of 51,000 and a coupon rate of 8 25%. paid semiannually. The bond matures in 15 years and has a current market price of 5920. If the corporation sells more bonds it will incur Gotion costs of 50 per bond if the corporate tax rates 35%, what is the after-tax cost of debt capital? 15254 4 Moving to another son will save this response Question 24 of 2 Close Window

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