Question: Fidelity is planning a zero coupon bond issue. The bond has a par value of $2,000, and will mature in 3 years,It will be sold

Fidelity is planning a zero coupon bond issue. The bond has a par value of $2,000, and will mature in 3 years,It will be sold at a price of $750. The firm's marginal tax rate is 30 percent. Need the annual after-tax cost of debt to the company on this issue. Please show work.

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