Hamilton Company's 5 . 6 percent coupon rate, semiannual payment, $ 1 , 0 0 0 par
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Question:
Hamilton Company's percent coupon rate, semiannual payment, $ par value bond, which matures in years, currently sells at a price of $ The company's tax rate is percent. Based on the nominal interest rate, not the EAR, what is the firm's aftertax cost of debt for purposes of calculating the WACC?
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