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Tesla Inc has bonds outstanding with the following characteristics: 16 years remaining to maturity, par value $1,000, semiannual bond, 7% quoted coupon rate, and currently

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Tesla Inc has bonds outstanding with the following characteristics: 16 years remaining to maturity, par value $1,000, semiannual bond, 7% quoted coupon rate, and currently selling at 115. If the company's tax rate is 25 percent, what is the aftertax cost of debt? None of these are correct 2.14% 4.18% 4.78% 6.15%

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