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Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments. The band currently sells for $1,912 and matures in

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Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments. The band currently sells for $1,912 and matures in 16 years. The par value is $2,000 and the company's tax rate is 35 percent. What is the company's aftertax cost of debt? 07 Multiple Choice 4.72% 4.11% 3.43% SEE Nav

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