Question: need help 2 XYZ Co, issues $1,000 par value, 5.6% annual coupon bonds, with 15 years to maturity. The compamy sells the bonds for $750.

need help 2

XYZ Co, issues $1,000 par value, 5.6% annual coupon bonds, with 15 years to maturity. The compamy sells the bonds for $750. Find the after-tax cost of debt assuming a tax rate of 35%. 5.61%9.14%6.20%4.30%

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