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The FIN 3 4 0 Company bonds are current trading at 8 4 % of par ( Par Value is $ 1 , 0 0

"The FIN340 Company bonds are current trading at 84% of par (Par Value is $1,000) with exactly 7 years remaining until maturity and a 2.4% coupon rate; The company's tax rate is 21.0%. What is the company's After-Tax Cost of Debt?"
4.07%
5.15%
2.40%
1.90%
6.23%
6.08%
6.17%

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