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Too Young, Inc., has a bond outstanding with a coupon rate of 6.6 percent and semiannual payments. The bond currently sells for $1,926 and matures

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Too Young, Inc., has a bond outstanding with a coupon rate of 6.6 percent and semiannual payments. The bond currently sells for $1,926 and matures in 18 years. The par value is $2,000. What is the company's pretax cost of debt? Multiple Choice 7.53% 0 3.44% 0 7.28% 0 7.08% 0 6.96%

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