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Bloomy Chocolate Corp issued bonds with a par value of $1000, which have 17 years left until maturity, pay a coupon of 9% annually, and

Bloomy Chocolate Corp issued bonds with a par value of $1000, which have 17 years left until maturity, pay a coupon of 9% annually, and currently trade for $878. What is Bloomys current cost of debt? A. None of these. B. 10.58% C. 7.01% D. 8.71% E. 9.00%

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