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USA Manufacturing issued 7.5 percent semiannual bonds 6 years ago. The bonds currently sell at $1,010 and will mature in 24 years. What is the

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USA Manufacturing issued 7.5 percent semiannual bonds 6 years ago. The bonds currently sell at $1,010 and will mature in 24 years. What is the firm's after-tax cos of debt if the tax rate is 21 percent? 3.76 percent 3.59 percent 4.82 percent 4.20 percent 5.85 percent

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