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Business, 12.08.2020 04:01 rileigh2302

Too Young, Inc., has a bond outstanding with a coupon rate of 7 percent and semiannual payments. The bond currently sells for $951 and matures in 23 years. The par value is $1,000. What is the company's pretax cost of debt?

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Too Young, Inc., has a bond outstanding with a coupon rate of 7 percent and semiannual payments. The...
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