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B.6.84% C.7.14% D.7.31% E.6.40% These are the rest of the possible answers 25. Titans has 7 percent bonds outstanding that mature in 16 years. The
B.6.84% 
25. Titans has 7 percent bonds outstanding that mature in 16 years. The bonds pay interest semiannually and have a face value of $1,000. Currently, the bonds are selling for $1,015 each. What is the firm's pretax cost of debt? A. 6.97 percent Page 7 of C.7.14%
D.7.31%
E.6.40%
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
4th Edition
0273710397, 978-0273710394
