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Q36 Too Young, Inc., has a bond outstanding with a coupon rate of 7.0 percent and annual payments. The bond currently sells for $1919 and

Q36

Too Young, Inc., has a bond outstanding with a coupon rate of 7.0 percent and annual payments. The bond currently sells for $1919 and matures in 17 years. The par value is $2000. What is the company's pretax cost of debt? Group of answer choices 7.22% 3.51% 7.11% 7.43% 7.68%

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