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A company is financed with equity and 10-year bonds that have face value of 1,300 and coupon rate of 5%. If each bond is selling

A company is financed with equity and 10-year bonds that have face value of 1,300 and coupon rate of 5%.

If each bond is selling for 956.71 today,

the company's cost of debt is:

--------------- I do not want a detailed answer. I just want the final answer as soon as possible. Solve quickly I get you thumbs up directly Thank's Abdul-Rahim Taysir

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