Too Young, Incorporated, has a bond outstanding with a coupon rate of 6.8 percent and semiannual payments. The bond currently sells for $912 and matures in 16 years. The par value is $1,000. What is the company's pretax cost of debt? O 3.89% O 7.77% 5.43% O 6.89% O 7.42%

Too Young, Incorporated, has a bond outstanding with a coupon rate of 6.8 percent and semiannual payments. The bond currently sells for $912 and matures in 16 years. The par value is $1,000. What is the company's pretax cost of debt? 3.89% 7.77% 5.43% 6.89% 7.42%