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Mojo Mining has a bond outstanding that selis for $1.046 and matures in 20 years. The bond pays semiannual coupons and has a coupon rate

Mojo Mining has a bond outstanding that selis for $1.046 and matures in 20 years. The bond pays semiannual coupons and has a coupon rate of 57 percent. The par value is $1,000. If the company's tax rate is 21 percent, what is the aftertax cost of debt? Muttiple Choice 3.44% 5.06% 300x 5.42% 4.21%

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