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BearKat Enterprises plans to issue bonds with the following characteristics: 10 years to maturity 7.5% annual coupon rate $1000 par value Currently prices at par
BearKat Enterprises plans to issue bonds with the following characteristics: 10 years to maturity 7.5% annual coupon rate $1000 par value Currently prices at par ($1,000) What is BearKat Enterprises pre-tax cost of capital from debt (rp)? Enter your answer as a decimal with a leading zero and 4 decimal places of precision.
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