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both A and B please To raise $5,500,000 to expand into new markets, a very successful laptop manufacturing company issued bonds with a coupon rate

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To raise $5,500,000 to expand into new markets, a very successful laptop manufacturing company issued bonds with a coupon rate of 4.25% compounded semi-annually, paying interest every 6 months, and redeemable in 18 years. They established a sinking fund to retire this debt on maturity and made equal deposits into the fund at the end of every 6 months. a. If the fund was earning 3.25% compounded semi-annually, calculate the periodic cost of the debt. a. If the fund was earning 3.25% compounded semi-annually, calculate the periodic cost of the debt. $0.00 $ Round the sinking fund payment up to the next cent b. Calculate the book value of the debt at the end of 12 years

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