Question: 17 815% Question 17 Mojo Mining has a bond outstanding that sells for $2,120 and matures in 18 years. The bond pays semiannual coupons and

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17 815% Question 17 Mojo Mining has a bond outstanding that sells

815% Question 17 Mojo Mining has a bond outstanding that sells for $2,120 and matures in 18 years. The bond pays semiannual coupons and has a coupon rate of 6.66 percent. The par value is $2.000. If the company's tax rate is 25 percent, what is the aftertax cost of debt? 4.95% 6248 5.820 4.329K 4.68%

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