Question: QUESTION 19 1 points Save Answer DeeJayTee Corp issued junk bonds, which have 7 years left until maturity, pay a coupon of 16%, and currently

QUESTION 19 1 points Save Answer DeeJayTee Corp issued junk bonds, which have 7 years left until maturity, pay a coupon of 16%, and currently trade for $1027. What is DeeJayTee's current cost of debt? 2.22% O None of these 16.23% 7.68% 15.34%

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