Business
Business, 06.12.2019 22:31, sandaepoe001

Pride of lions has bonds outstanding that carry an annual coupon of 5.75 percent. the bonds mature in 9 years and are currently priced at 98 percent of face value. what is the firm's pretax cost of debt? multiple choice o a. 6.04 percent b. 9.850 percent c. 8.60 percent d. 1.28 percente. 12.02 percent

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