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Apple has a six - year bond outstanding with a 3 percent coupon. Interest are paid semi - annually. The face value of the bond

Apple has a six-year bond outstanding with a 3 percent coupon. Interest are paid semi-annually. The face value of the bond is $1,000. This bond is currently selling for 92 percent of its face value. The corporate tax rate is 21%. What is the Apple's post-tax cost of debt?
Question options:
2.27%
4.54%
3.59%
7.19%

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