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vineyard wines corp issued a 1 5 year bonds three years ago. the bonds have an annual 6 . 7 5 per cent coupon rate

vineyard wines corp issued a 15 year bonds three years ago. the bonds have an annual 6.75 per cent coupon rate and pay coupons semi annually. currently these bands are selling at 97.8 per cent of face value resulting on a yield to maturity og 7.024 per cent. what is the after tax cost of debt if the tax rate is 20 per cent?

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