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The outstanding bonds of The Purple Fiddle are priced at $ 8 9 8 and mature in nine years. These bonds have a 6 %

The outstanding bonds of The Purple Fiddle are priced at $898 and mature in nine years. These bonds have a 6% coupon and pay interest semi-annually. The firm's tax rate is 35%. What is the firm's after-tax cost of debt?
a.4.93%
b.3.79%
c.5.30%
d.7.58%
e.7.61%
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