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Bank of New York Mellon ( Company ) issued a 3 0 - year bond of $ 7 , 2 0 0 . 0 0

Bank of New York Mellon (Company) issued a 30-year bond of $7,200.00 million to finance a project. Company paid bond holders a total of $196.00 million every six months. At the end of 5th year, company decided to redeem the bond for $8,738.62 million. What is the financial cost of the capital for the project?

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