Cost of debt. Kenny Enterprises has just issued a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 11.6% with semiannual payments. What is the cost of debt for Kenny Enterprises if the bond sells at the following prices? What do you notice about the price and the cost of debt? a. $949.73 b. $1,000.00 c. $1,043.98 d. $1,113.87 a. What is the cost of debt for Kenny Enterprises if the bond sells at $949.73 ? \% (Round to two decimal places.) Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 12.5% with semiannual payments, and will use an investment bank that charges $20 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $928.60 b. $1,009.16 c. $1,048.37 d. $1,135.95 a. What is the cost of debt for Kenny Enterprises at a market price of $928.60 ? \% (Round to two decimal places.)