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The heuser companys current outstanding 10 percent coupon

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Reference no: EM13573201

The Heuser Company's current outstanding 10 percent coupon bonds with a $1,000 face value mature in 12 years.  The bonds currently sell for $1150.  If its marginal tax rate is 35 percent what is Heuser's after tax cost of debt?

Reference no: EM13573201

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