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17 Intro BP has a bond outstanding with 15 years to maturity, a $1,000 par value, a coupon rate of 6.6%, with coupons paid semiannually,
17 Intro BP has a bond outstanding with 15 years to maturity, a $1,000 par value, a coupon rate of 6.6%, with coupons paid semiannually, and a price of 87.9 (percent of par). Part 1 What is the cost of debt? 3+ decimals Previous answers: 1; 0.0399 Submit Attempt 3/10 for 8 pts
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Financial Services And Markets
Authors: Dr. Punithavathy Pandian
8125931201, 978-8125931201
