Question: Question Help O Cost of debt using the approximation formula For the following 51.000 par-value bond, assuming aroma bre payment and a 27% tax rate,

Question Help O Cost of debt using the approximation formula For the following 51.000 par-value bond, assuming aroma bre payment and a 27% tax rate, calculate the after-tax cost to maturity using the approximation formula (Click on the icon here in order to copy the contents of the datatable below into a spreadsheet) Discount (-) Coupon Life Underwriting fee premium) interest rate $20 $30 99 The totax cost of francing using the approximation formula O Round to two decimal places)

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