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Wiseacre's Wizarding Equipment has bonds that are currently trading at par and has a coupon rate of 6%. If the relevant tax rate is 30%,
Wiseacre's Wizarding Equipment has bonds that are currently trading at par and has a coupon rate of 6%. If the relevant tax rate is 30%, what is the Wiseacre's after-tax cost of debt? Select one: O A. 1.8% OB. Not enough information O C.6% O D. 5.5% O E. 4.2%
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