Question: answer the before and after cost of debt Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the

answer the before and after cost of debt
answer the before and after cost of debt Before and after-tax cost

Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the belore and after tax cost of debt. Use the 21% corporate tax rate. Issuer Name Coupon Rate Years to Maturity Price CVS Health Corp 240% 12 $988 06 The before-tax cost of debt for CVS Health Corp. (% (Round to two decimal places.)

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