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Mottelson Inc. has a twenty year bond outstanding with a 6 percent coupon trading at par. What is the company's after tax cost of debt

Mottelson Inc. has a twenty year bond outstanding with a 6 percent coupon trading at par. What is the company's after tax cost of debt is the tax rate is 40%? Group of answer choices 3.6% 1.1% 5.5% 8.2%

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