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Compute the cost of capital for the firm for the following: a. A bond that has a $1,000.00 par value (face value) and a contract
Compute the cost of capital for the firm for the following: a. A bond that has a $1,000.00 par value (face value) and a contract or coupon interest rate of 11.7 percent. Interest payments are $58.50 and are paid semiannually. The bonds have a current market values of $1126 and will mature in 10 years. The firm
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