Cost of debt with fees.$$Kenny Enterprises will issue a bond with a par value of $$$$1$ comma $000,$ a maturity of twenty$$ years, and a coupon rate of $10\mathrm{.}9\%$ with semiannual$$ payments, and will use an investment bank that charges $$$$25$ per bond for its services. What is the cost of debt for Kenny Enterprises at the following market$$ prices?

a$.$$$961\mathrm{.}48$

b$.$$$1$ comma $006\mathrm{.}70$

c$.$$$1$ comma $089\mathrm{.}58$

d$.$$$1$ comma $162\mathrm{.}13$

Question content area bottom

Part $1$

a$.$ What is the cost of debt for Kenny Enterprises at a market price of $$$$961\mathrm{.}48?$

$$

$5\mathrm{.}62\%($Round to two decimal$$ places.$)$

Part $2$

b$.$What is the cost of debt for Kenny Enterprises at a market price of $$$$1$ comma $006\mathrm{.}70?$

$$

enter your response here$\%($Round to two decimal$$ places.$)$

Part $3$

c$.$What is the cost of debt for Kenny Enterprises at a market price of $$$$1$ comma $089\mathrm{.}58?$

$$

enter your response here$\%($Round to two decimal$$ places.$)$

Part $4$

d$.$What is the cost of debt for Kenny Enterprises at a market price of $$$$1$ comma $162\mathrm{.}13?$

$$

enter your response here$\%($Round to two decimal$$ places.$)$

What is the cost of debt for Kenny Enterprises at a market price of $$961\mathrm{.}48?($Round to two decimal places.$)$What is the cost of debt for Kenny Enterprises at a market price of $@CNUM$\{1006\mathrm{.}70\}?($Round to two decimal places.$)$What is the cost of debt for Kenny Enterprises at a market price of $@CNUM$\{1089\mathrm{.}58\}?($Round to two decimal places.$)$What is the cost of debt for Kenny Enterprises at a market price of $@CNUM$\{1162\mathrm{.}13\}?($Round to two decimal places.$)$