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What is its after tax cost of debt when calculating WACC? Show all your work GHJ Inc.'s semi-annual bonds have a price of $1,170, an

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What is its after tax cost of debt when calculating WACC?

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GHJ Inc.'s semi-annual bonds have a price of $1,170, an 7.80% coupon rate and mature in 11 years. The company's tax rate is 32%. What is its atter-tax cost of debt when calculating its WACC? a. 1.94% b. 5.70% c. 7.80% d. 5.30% e. 3.88%

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