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Coleman Technologies is planning a zero coupon bond issue. The bond has a face value of $1,000, matures in 15 years, and will be sold

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Coleman Technologies is planning a zero coupon bond issue. The bond has a face value of $1,000, matures in 15 years, and will be sold at a price of $239.4. What is the annual cost of debt (YTM) to the company on this issue? a. 4.0% b. 6.0% c. 7.0% d. 10.0% e. 12.0%

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