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Galvatron Metals has a bond outstanding with a coupon rate of 6 . 1 percent and semiannual payments. The bond currently sells for $ 1
Galvatron Metals has a bond outstanding with a coupon rate of percent and semiannual payments. The bond currently sells for $ and matures in years. The par value is $ and the company's tax rate is percent. What is the company's aftertax cost of debt?Multiple Choice
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