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Mojo Mining has a bond outstanding that sells for $1,061 and matures in 25 years. The bond pays semiannual coupons and has a coupon rate

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Mojo Mining has a bond outstanding that sells for $1,061 and matures in 25 years. The bond pays semiannual coupons and has a coupon rate of 6.1 percent. The par value is $1.000. If the company's tax rate is 21 percent, what is the aftertax cost of debt? Multiple Choice 3.70% 5.73% 5.35% 3.23\% 4.46%

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