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2 A bond with a $1,000 par value has an 6.25% coupon rate. It will mature in 5 years, and coupon payments are made semi-annually.

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2 A bond with a $1,000 par value has an 6.25% coupon rate. It will mature in 5 years, and coupon payments are made semi-annually. The current price is 873.50. What is the bond's YTM.....you can solve for IRR 10.305% 9.486% 8.325% 8.090% 3 Refer to the previous question. If the bond issuer's marginal tax rate is 33% What is the after-tax cost of debt. 4.560% 5.420% 6.355% 7.250%

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