Question: Question 24 4 points Save Answer Your company has 220,000 bonds outstanding that have 17 years to maturity, pay a coupon rate of 10 percent

Question 24 4 points Save Answer Your company has 220,000 bonds

Question 24 4 points Save Answer Your company has 220,000 bonds outstanding that have 17 years to maturity, pay a coupon rate of 10 percent with semi-annual coupon payments, have a par value of $1,000, and currently sell for 91 percent of par. What is the company's before-tax cost of debt? O 1.22.04% 02.11.19% O 3.11.21% 04. 19.92%

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