What is the bond current cost of debt before tax

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Reference no: EM132540072

A company has outstanding debt that has a current market value of $1,058, a face value of $1,000, and an annual coupon rate of 6%, paid semi-annually. The bond has seven years to maturity.

Question 1: What is the bond's current cost of debt, before tax?

Reference no: EM132540072

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