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GHJ Inc.'s semi-annual bonds have a price of $1,130, an 6.90% coupon rate and mature in 19 years. The company's tax rate is 44%. What

GHJ Inc.'s semi-annual bonds have a price of $1,130, an 6.90% coupon rate and mature in 19 years. The company's tax rate is 44%. What is its after-tax cost of debt when calculating its WACC?

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