Hunter7416 Hunter7416

18-05-2021
Business

contestada

Too Young, Inc., has a bond outstanding with a coupon rate of 6.7 percent and semiannual payments. The bond currently sells for $948 and matures in 24 years. The par value is $1,000. What is the company's pretax cost of debt

Respuesta :

19-05-2021

Answer:

4%

Explanation:

The company's pretax cost of debt is 4%

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