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XY LTD has bond outstanding with 7 years left before maturity . The bond are currently selling for k800 per k1000 face value bond.The interest

XY LTD has bond outstanding with 7 years left before maturity . The bond are currently selling for k800 per k1000 face value bond.The interest is paid annualy at a rate of 12% .The firm 's tax rate is 40 %. calculate the after tax cost of debt.?

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