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the lincoln company sold a $1,000 par value, noncallable bond several years ago that now has 20 years to maturity and a 7.00% annual coupon

the lincoln company sold a $1,000 par value, noncallable bond several years ago that now has 20 years to maturity and a 7.00% annual coupon that is paid semiannually. The bond currently sells for $875 and the company tax rate is 35%. What is the component cost of debt to be used in the wacc

A.4.16

b4.46

c. 4.79

d.5.39

E.5.83

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