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Cost of debt. Konny Enterprises has just issued a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate

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Cost of debt. Konny Enterprises has just issued a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 10.6% with semiannual payments. What is the cost of debt for Kenmy Enterprises if the bond seils at the following prices? What do you notice about the price and the cost of debr? a. \$904.54 b. $1,000.00 e. 51,00319 d. $1,030095

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