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USA Manufacturing issued 30 -year, 7.2 percent semiannual bonds 6 year's ago. The bonds currently sell at 101 percent of face value. What is the

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USA Manufacturing issued 30 -year, 7.2 percent semiannual bonds 6 year's ago. The bonds currently sell at 101 percent of face value. What is the firm's aftertax cost of debt if the tax rate is 21 percent? a. 4.82% b. 5.62% c. 3.76% d. 3.59% e. 4.40%

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