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calculate the after-tax cost of a $25 milllion debt issue that pullman manufacturing corporation (40 percent marginal tax rate) is planning to place...

calculate the after-tax cost of a $25 milllion debt issue that pullman manufacturing corporation (40 percent marginal tax rate) is planning to place privately with a large insurance company. This long-term issue will yield 9 3/8 percent to the insurance company

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