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You are analyzing the after - tax cost of debt for a firm. You know that the firm's 1 2 - year maturity, 6 .
You are analyzing the aftertax cost of debt for a firm. You know that the firm's year maturity, percent semiannual coupon bonds are selling at a price of $ Assuming that these bonds are the only debt outstanding for the firm, what is the current YTM of the bonds?
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