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You are required to calculate the cost of debt for Shepherds Hut plc for 2017 and 2018The tax rate for both years is 25%. The

You are required to calculate the cost of debt for Shepherds Hut plc for 2017 and 2018The tax rate for both years is 25%. The rate of interest for 2017 is 6% and for 2018 & is 8% The market price of debt for both years is 88 per nominal 100

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