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Titans, Inc. has 6.5 percent bonds outstanding that mature in 2 years. The bonds pay interest semiannually and have a face value of $1,000. Currently,

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Titans, Inc. has 6.5 percent bonds outstanding that mature in 2 years. The bonds pay interest semiannually and have a face value of $1,000. Currently, the bonds are selling for $1,029 each. What is the firm's pretax cost of debt? Pretax cost of debt = % Attempt #1:0/1 (Score: 0/1) Allowed attempts: 3 X Incorrect Check

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