Question: Two Part Question: Part 1 . . . . . A company had interest expense in 2 0 2 3 of $ 1 2 ,

Two Part Question: Part 1.....A company had interest expense in 2023 of $12,450,000 and is in a 21% tax bracket. What is the after-tax cost of interest for this company? Part 2....If this company had $144,500,000 of bonds outstanding paying interest, what would be the interest rate on those bonds? (Both correct answers are required for credit).

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