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XYZ Corporation has an outstanding bond with a current market price of 5946. The bond hat 3.51,000 par value, & years remaining until maturity and

XYZ Corporation has an outstanding bond with a current market price of 5946. The bond hat 3.51,000 par value, & years remaining until maturity and annual Coupon payments of 580. What is the cost of debt for XYZ Corp.

8.97

7.53

7.48

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