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WA Fill in the values in the spreadsheet. Problem 5 King Fisher Aviation issued a 25 year, 6.8 percent semiannual bond 8 years ago. The

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WA Fill in the values in the spreadsheet. Problem 5 King Fisher Aviation issued a 25 year, 6.8 percent semiannual bond 8 years ago. The bond sells today for 110 percent of its face value. The tax rate is 40%. 1. What is the pretax cost of debt? 2. What is the after-tax cost of debt? 3. Which is more relevant, the pretax or the after-tax cost of debt? Why? Fill in the values in the spreadsheet. Next Previous o te 99 F7 FB F6 ri F5

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