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XY LTD has bonds outstanding with 7 years left before maturity . The bonds are currently selling for k800 per 1000 face value bond .The

XY LTD has bonds outstanding with 7 years left before maturity . The bonds are currently selling for k800 per 1000 face value bond .The interest is paid annually at a rate of 12% . The firm 's tax rate is 40% . calculate the value after tax cost of debt??

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