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you are analyzing the cost of debt for a firm. you know that the firm's 1 4 year maturity, 8 . 2 percent coupon bonds

you are analyzing the cost of debt for a firm. you know that the firm's 14 year maturity, 8.2 percent coupon bonds are selling at a price of $838.00. the bonds pay interest semiannually. if these bonds are the only debt outstanding, answer the following questions.
what is the after-tax cost of debt for this firm if it is subject to 30 percent marginal and average tax rates? after-tax cost of debt %

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