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Solve for the before-tax costs of debt

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Reference no: EM132052022

If I have an existing bond with a coupon rate of interest equal to 5.6 percent (semiannual interest payments), 12 year remaining until maturity and a 1,000 maturity value they are currently selling for 918 each. how do I solve for the before-tax costs of debt?

Reference no: EM132052022

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