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Determine the cost of debt: Using information from the PepsiCO website, annual report, determine the average rating of your firms bonds and the current YTM

Determine the cost of debt: Using information from the PepsiCO website, annual report, determine the average rating of your firms bonds and the current YTM on a composite of these bonds. Based on this information, estimate the current cost of debt for the firm. Explain the approach and procedure you used to make your determination and what this number means.

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