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You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 9.50 percent semiannual coupon bonds are selling

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You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 9.50 percent semiannual coupon bonds are selling at a price of $1.247133. These bonds are the only debt outstanding for the firm Your answer is correct What is the current YTM of the bonds? (Round final answer to 2 decimal places es. 15.25 YTM 6:50 e Textbook and Media Attempts: 3 of 3 used Using multiple attempts has impacted your score 50% score reduction after attempt 2 (a2) What is the after-tax cost of debt for this form if it has a marginal tax rate of 34 percent (Round intermediate calculations to 4 decimal places, eg: 1.2514 and final answer to 2 decimal places, ag. 15.25%) After-tax cost of debt *

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