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  3. 3. calculate the cost of debt for they currently h

3. Calculate the cost of debt for They currently have outstanding 30 year, 8%, bonds that...

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Finance

3. Calculate the cost of debt for They currently haveoutstanding 30 year, 8%, bonds that were issued 12 years ago. Thecompany has 5,000 bonds outstanding that are currently selling for89% of their face value.  pays 34% of income intaxes.

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