What is husky cost of debt

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At the time of writing, Husky Energy Inc. had a bond outstanding with approximately 9 years to maturity (18 semiannual coupons) and a coupon rate of 3.60%. The bond was currently selling for $99.45. What is Husky's cost of debt?

Please show the formula used and provide the correct inputs and explanation.

Reference no: EM133111013

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