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Jiminy's Cricket Farm issued a 3 0 - year, 6 percent semiannual coupon bond 4 years ago. The bond currently sells for 1 0 5

Jiminy's Cricket Farm issued a 30-year, 6 percent semiannual coupon bond 4 years ago. The bond currently sells for 105 percent of its face value. The company's tax rate is 23 percent. What is the aftertax cost of debt?
2.17%
4.34%
4.33%
5.63%
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