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A Moving to another question will save this response estion 10 Reuven Corp. is undergoing a major expansion. The expansion will be financed by issuing
A Moving to another question will save this response estion 10 Reuven Corp. is undergoing a major expansion. The expansion will be financed by issuing new 15 year 1.000 par, 6% semiannual coupon bonds. The issued bonds 07.83% 825% 881% 0923% Question 10 of 20 125 points Save Answer anda. The market price of the bonds is $920 each. Rouvens flotation expense on the new bonds will be $80 per bond What is the pre-tax cost of debt for the newly
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