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Galvatron Metals has a bond outstanding with a coupon rate of 67 percent and semiannual payments. The bond currently sells for $1,891 and matures in

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Galvatron Metals has a bond outstanding with a coupon rate of 67 percent and semiannual payments. The bond currently sells for $1,891 and matures in 17 years. The par value is $2,000 and the company's tax rate is 21 percent. What is the company's aftertax cost of debt? Multiple Choice 3631 436% 574 518 O earch i a . 3 33. d VE

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