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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, 11.00 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, 11.00 percent semiannual coupon bonds are selling at a price of $1,229. Assuming that these bonds are the only debt outstanding for the firm. Problem 13.19 a1-a3(a1) Your answer is correct. What is the current YTM of the bonds? (Round intermediate calculations to 4 decimal places, e. 1.2514 and final answer to 2 decimal places, eg, 15.25\%) eTextbook and Media Attempts: 1 of 3 used 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? (Round final answer to 2 decimal places, es. 15.25%C After-tax cost of debt %

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