Ahmad Couture has bonds outstanding with a face value of $$1,000,11$ years to maturity, and a coupon rate of $6$ percent paid semiannually. What is the company's pretax cost of debt if the bonds currently sell for $$1,067\mathrm{.}12?$

Multiple Choice

$2\mathrm{.}60\%$

$5\mathrm{.}34\%$

$2\mathrm{.}67\%$

$5\mathrm{.}19\%$

$4\mathrm{.}60\%$

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