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Packman corporation has sertiannual bonds outstanding with

PackMan Corporation has sertiannual bonds outstanding with nine years to maturity and the bonds are currently priced at 754.08$. if the bonds have a coupon rate of 7.25%, then what is the after-tax cost of debt for PacjMan it's marginal tax rate is 30%?

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Finance Basics: Packman corporation has sertiannual bonds outstanding with

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