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8 Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9% and coupons are paid

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8 Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9% and coupons are paid semiannually. The bond is currently selling for $908.72 per $1,000 bond. What is the cost of debt? A. 5.0% B 9.0% C. 10.0% D 11.5% E. none of the above 8 99 Nungesser Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 7 years to maturity, and an 8.5% YTM. What is the bond's price? A. $639.55 B. $974.02 C. $1028.60 D. S1085.00 E. none of the above

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