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PackMan Corporation has semiannual bonds outstanding with six years to maturity and the bonds are currently priced at $768.48. If the bonds have a coupon

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PackMan Corporation has semiannual bonds outstanding with six years to maturity and the bonds are currently priced at $768.48. If the bonds have a coupon rate of 8.2 percent, then what is the after-tax cost of debt for Beckham if its marginal tax rate is 30 percent? (Round to two decimal places) 5.88% 4.11% 1404% 9.82%

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