Marvin's interiors issued 10 -year bonds 2 years ago. The bonds have a face value...
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Finance
Marvin's interiors issued 10 -year bonds 2 years ago. The bonds have a face value of \\( \\$ 2.200 \\), a 5.0 percent, semiannual coupon, and a current market price of \\( \\$ 1,589 \\). What is the pre-tax cost of debt? Multiple Choice 11.41 percent 11.85 percent 10.90 percent 1015 pejcent

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