Question: A 4.4% bond with 6 months remaining until maturity is currently trading at $1004. Assume semi-annual coupon payments. The firm's tax rate is 31%. The

A 4.4% bond with 6 months remaining until maturity is currently trading at $1004. Assume semi-annual coupon payments. The firm's tax rate is 31%. The after-tax cost of debt is ________%.

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