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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
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 What is the cost of debt for Kenny Enterprises if the bond sells at the following prices % with semiannual payments ? What do you notice about the price and the cost of debt? a. $939.15 b. $1,000.00 c. $1,057.54 d. $1,140.78 a. What is the cost of debt for Kenny Enterprises if the bond sells at $939.15? [1% (Round to two decimal places.) b. What is the cost of debt for Kenny Enterprises if the bond sells at $1,000.00? % (Round to two decimal places.) c. What is the cost of debt for Kenny Enterprises if the bond sells at $1,057.54? % (Round to two decimal places.) d. What is the cost of debt for Kenny Enterprises if the bond sels at $1.140.78? % (Round to two decimal places.) do you notice about the price and the cost of debt? (Select the best response.)
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