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USA Manufacturing issued 30-year, 7.5 percent semiannual bonds 6 years ago. The bonds currently have a quoted price of 101 percent. What is the firm's

USA Manufacturing issued 30-year, 7.5 percent semiannual bonds 6 years ago. The bonds currently have a quoted price of 101 percent. What is the firm's aftertax cost of debt if the tax rate is 35 percent

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