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A firm issues 30-year, 7.5% coupon bonds 6 years ago with face value of $1,000. The bonds pay coupon every six months and currently sell
A firm issues 30-year, 7.5% coupon bonds 6 years ago with face value of $1,000. The bonds pay coupon every six months and currently sell at $1,010. The firm's cost of debt is A 5.62% 8.4.82% C 3.70% D.7.42%
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