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Saved Help Save & Exit Submit Pride of Lions has bonds outstanding that carry an annual coupon of 5.75 percent. The bonds mature in 9

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Saved Help Save & Exit Submit Pride of Lions has bonds outstanding that carry an annual coupon of 5.75 percent. The bonds mature in 9 years and are currently priced at 98 percent of face value. What is the firm's pretax cost of debt? Multiple Choice o 6.04 percent o 9.850 percent o 8.60 percent o O 1.28 percent 12.02 percent

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