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Freeport McMoran Inc. (FCX) has a 12-year bond with 6% coupon rate paid semiannually. The bond is currently selling at 73% of par value. What

Freeport McMoran Inc. (FCX) has a 12-year bond with 6% coupon rate paid semiannually. The bond is currently selling at 73% of par value. What is the before-tax cost of debt of the company? Before-tax cost of debt = % 1202 122 00:00-22 201 021- BAMBUSESAA BE 22 30-34

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