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 8.4% with semiannual payments, and will use an investment bank that charges $30 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $941.39 b. $1,008.27 c. $1,087.13 d. $1,173.59 a. What is the cost of debt for Kenny Enterprises at a market price of $941.39? 3% (Round to two decimal places.)