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Q. Shanken Corp issued a 30 year, 7 percent semi annual bond 7 years ago. The bon currently sells for 108 percent of its face value. The company's tax rate is 35 percent. Illustrate what is the pre tax cost of debt? Illustrate what is the after tax cost of debt?

Q. Provide an assessment of explain how failure to engage in adequate strategic management can impact a firm.

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