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After-tax cost of debt is 10.354%, for a $1,000 par value bond that pays $100 per year in interest. The bond will have a 10-year

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After-tax cost of debt is 10.354%, for a $1,000 par value bond that pays $100 per year in interest. The bond will have a 10-year life. The firm is in a 25% tax bracket. What price did the bond sell for at issue (ignore flotation costs)? Select one: O A. 800 O B. 1000 O C. 1100 O D. 979

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