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You are in the process of calculating the cost of debt for a company. Assume that today's date is Oct 1, 2021. What is the

You are in the process of calculating the cost of debt for a company. Assume that today's date is Oct 1, 2021. What is the bond's pre-tax cost of debt based on the following information: Today's date: Oct 1, 2021 Coupon Rate: 6% paid semi-annually Issue date: Oct 1, 2010 Maturity date: Oct 1, 2040 Current quote = 105 Group of answer choices

7.68%

2.79%

3.84%

5.57%

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