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Builtrite, Inc., has bonds outstanding with five years to maturity, a coupon rate of 7% and are priced at $921. If Buitrite has a marginal

Builtrite, Inc., has bonds outstanding with five years to maturity, a coupon rate of 7% and are priced at $921. If Buitrite has a marginal tax rate of 34%, then what is the after-tax AYTM for the bonds? 6.0% 6.5% 9.1% 9.2%

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