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Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments,...

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Finance

Before and after-tax cost of debt For the following $1,000-par-value bond paying semi-annual interest payments, calculate the before-and after-tax cost of debt. Use the 21% corporate tax rate.
\table[[Issuer Name,Coupon Rate,Years to Maturity,Price],[CVS Health Corp.,5.70%,37,$1,006.74
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