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23. Handy Man, Inc., has zero coupon bonds outstanding that mature in 4 years. The bonds have a face value of $1,000 and a current

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23. Handy Man, Inc., has zero coupon bonds outstanding that mature in 4 years. The bonds have a face value of $1,000 and a current market price of $798. What is the pretax cost of debt? (Use semiannual compounding.) (2 points) 5.98 percent 6.11 percent 5.72 percent 6.15 percent 6.12 percent 24. Winter's Toyland has a debt-equity ratio of 43. The pretax cost of debt is 8.2 percent and the required return on assets is 14.7 percent. What is the company's cost of equity if you ignore taxes? (2 Points) 14.40 percent 18.74 percent 15.19 percent 1749 percent

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