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Jiminy's Cricket Farm issued a 30-year 6% semiannual bond ten years ago. The bond currently sells for 105 percent of face value. The company's tax

Jiminy's Cricket Farm issued a 30-year 6% semiannual bond ten years ago. The bond currently sells for 105 percent of face value. The company's tax rate is 20%. What is the aftertax cost of debt? 5.58% 4.47% 2.23% 4.96% 2.79%

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