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15. What is the cost of debt for ABC Corp. if it issued a 10 year, 5 percent bond 5 years ago? The bond is

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15. What is the cost of debt for ABC Corp. if it issued a 10 year, 5 percent bond 5 years ago? The bond is currently selling for $960, and its face value is $1000. 16. What is the cost of preferred stock for CI Corp if the price per share was $97 and it paid $4.92 dividend per share annually? Answer: 5.07%

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