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Viserion, Inc., is trying to determine its cost of debt. The firm has a debt Issue outstanding with 14 years to maturity that is quoted

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Viserion, Inc., is trying to determine its cost of debt. The firm has a debt Issue outstanding with 14 years to maturity that is quoted at 105 percent of face value. The Issue makes semiannual payments and has an embedded cost of 6 percent annually. a. What is the company's pretax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the tax rate is 23 percent, what is the aftertax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Pretax cost of debt Aftertax cost of debt

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