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Galvatron Metals has a bond outstanding with a coupon rate of 5 . 7 percent and semiannual payments. The bond currently sells for $ 9

Galvatron Metals has a bond outstanding with a coupon rate of 5.7 percent and semiannual payments. The bond currently sells for $943 and matures in 19 years. The par value is $1,000 and the company's tax rate is 21 percent. What is the company's aftertax cost of debt?
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3.11%
4.01%
4.91%
2.90%
3.50%
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