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PackMan Corporation has semiannual bonds outstanding with ten years to maturity and the bonds are currently priced at $735.42. If the bonds have a coupon

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PackMan Corporation has semiannual bonds outstanding with ten years to maturity and the bonds are currently priced at $735.42. If the bonds have a coupon rate of 7.6 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) 12.26% 4.11% 8.58% 5.88%

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