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Question 20 1 pts A firm issued a 9% annual coupon bond 5 years ago. Today the bond has 5 years left to maturity and

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Question 20 1 pts A firm issued a 9% annual coupon bond 5 years ago. Today the bond has 5 years left to maturity and the price of the bond is $1120. The firm is in the 21% tax bracket. What is the pre-tax cost of debt to the firm? 1.29% 4.85% 6.14% 9%

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