What is the firms aftertax cost of debt

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Electronic Products has 22,500 bonds outstanding that are currently quoted at 101.6. The bonds mature in 8 years and pay an annual coupon payment of $90. What is the firm's aftertax cost of debt if the applicable tax rate is 34 percent? 5.47 percent 4.79 percent 6.98 percent 5.75 percent 6.67 percent

Reference no: EM131188342

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