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You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 9.00 percent semiannual coupon bonds are

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You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 9.00 percent semiannual coupon bonds are selling at a price of $868. Assuming that these bonds are the only debt outstanding for the firm. Problem 13.19 a1-a3(a1) Problem 13.19 a1-a3(a2) What is the after-tax cost of debt for this firm if it has a marginal tax rate of 34 percent? (Ro answer to 2 decimal places, e.g. 15.25%.) After-tax cost of debt % SUPPORT

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