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correct for the work you have completed sof Jiminy's Cricket Farm issued a 15-year, 5 percent semiannual coupon bond 3 years ago. The bond currently

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correct for the work you have completed sof Jiminy's Cricket Farm issued a 15-year, 5 percent semiannual coupon bond 3 years ago. The bond currently sells for 92 percent of its face value. The company's tax rate is 22 percent a. What is the company's pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. b. Pretax cost of debt Aftertax cost of debt 5.81 % 4.53 % MacBook Air

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