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trying to solve for after tax cost of debt. Debt outstanding with 16 years to maturity, quoted at 105% of face value. Semi annual ,

trying to solve for after tax cost of debt.

Debt outstanding with 16 years to maturity, quoted at 105% of face value. Semi annual , pymnts, coupon rate is 10% and tax rate is 35%.

what is the after tax cost of this debt?

thank you!

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