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Galvatron Metals has a bond outstanding with a coupon rate of 6 percent and semiannual payments. The bond currently sells for $1,940 and matures in

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Galvatron Metals has a bond outstanding with a coupon rate of 6 percent and semiannual payments. The bond currently sells for $1,940 and matures in 20 years. The par value is $2.000 and the company's tax rate is 21 percent. What is the company's attentnx cost of debt? Motole Choice 4.95% o 35 40 O

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