Question: Please answer the following, based on the information provided for the firm ABC : the company finances its operations and growth opportunises, usint common eyaify,

 Please answer the following, based on the information provided for the

Please answer the following, based on the information provided for the firm ABC : the company finances its operations and growth opportunises, usint common eyaify, debe; and preferted equity. It issued a 7 year, 6 percent (coupon rate of 6% ) bonde 2 years ago. This annual-coupon bond is ciarrently selling for $960, and its face value in $1000. What comes closest to ABC s pretax cost of debt? 3.8% 7.3% 5% 4.8% 6.5%

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