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The outstanding bonds of XYZ corp are priced at $ 838 and mature in 10 years. These bonds have a 4% coupon and pay interest

The outstanding bonds of XYZ corp are priced at $ 838 and mature in 10 years. These bonds have a 4% coupon and pay interest annually. The firm's tax rate is 30%. What is the firm's after-tax cost of debt? Enter your answer as a percent but do not include the % sign.

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