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Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a

Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of ( $ 1,000 ), a maturity of twenty years, a

Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 8.8% with semiannual payments, and will use an investment bank that charges $30 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $940.59 b. $1,004.38 c. $1,103.95 d. $1,162.45 ...

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