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Business, 21.06.2019 16:30 lishalarrickougdzr

​ernst's electrical has a bond issue outstanding with ten years to maturity. these bonds have a​ $1,000 face​ value, a 5 percent​ coupon, and pay interest semiminusannually. the bonds are currently quoted at 96 percent of face value. what is​ ernst's pretax cost of​ debt?

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