What is the pre-tax cost of debt for jaguar

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Jaguar Inc has semiannual bonds that are currently selling for $754.08 each. It has nine years to maturity and the face value of $1000. The bonds have a coupon rate of 7.25% per annum. Its marginal tax rate is 30%. What is the pre-tax cost of debt for Jaguar?

Reference no: EM132554342

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