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Business, 02.07.2021 02:50 Rogeartest4

Spanolia LLC is estimating its WACC. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for 1,000 USD. The firm's marginal tax rate is 40 percent. What is the after-tax cost of debt? Answer in % terms to 2 decimal places w/o the % sign.

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Spanolia LLC is estimating its WACC. Its bonds have a 12 percent coupon, paid semiannually, a curren...
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