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Mojo Mining has a bond outstanding that sells for $1,067 and matures in 23 years. The bond pays semiannual coupons and has a coupon rate

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Mojo Mining has a bond outstanding that sells for $1,067 and matures in 23 years. The bond pays semiannual coupons and has a coupon rate of 6.26 percent The par value is $1,000. If the company's tax rate is 25 percent, what is the aftertax cost of debt? Multiple Choice 4.38% 464% 5.845 5.45% 4.04%

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