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MC algo 12-8 Aftertax Cost Of Debt Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments, The bond

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MC algo 12-8 Aftertax Cost Of Debt Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments, The bond currenty sels for $1,912 and matures In 16 years. The par value is $2,000 and the compary's tax rate is 24 percent. What is the compamys aftertax cost of debr

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