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Suppose mam industries also issued a 30-year bond five years ago, it has 1,000 face value and a 10% coupon. If the bond currently sell for 1,000 what is the after taxs cost of debt caital as indicated by the market value of this outstanding bond?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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