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Question 3 0 Which one of the following is the pre - tax cost of debt? Coupon rate on the firm's latest bond issue Annual

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30

Which one of the following is the pre

-

tax cost of debt?

Coupon rate on the firm's latest bond issue

Annual interest divided by the market price per bond for the latest bond issue

Weighted average yield

-

-

maturity on the firm's outstanding debt

Average coupon rate on the firm's outstanding bonds.

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