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Handy Man, Inc., has zero coupon bonds outstanding that mature in 4 years. The bonds have a face value of $1,000 and a current market

Handy Man, Inc., has zero coupon bonds outstanding that mature in 4 years. The bonds have a face value of $1,000 and a current market price of $798. What is the pretax cost of debt? (Use semiannual compounding.

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