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5. Cost of debt with fees. Kenny Enterprises will issue the same debt in Problem 3, but now will use an investment bank that charges

image text in transcribed 5. Cost of debt with fees. Kenny Enterprises will issue the same debt in Problem 3, but now will use an investment bank that charges $25 per bond for their services. What is the new cost of debt for Kenny Enterprises at a market price of $920 ? Format: \#.\#\#\% 5. Cost of debt with fees. Kenny Enterprises will issue the same debt in Problem 3, but now will use an investment bank that charges $25 per bond for their services. What is the new cost of debt for Kenny Enterprises at a market price of $920 ? Format: \#.\#\#\%

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