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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

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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 7.2% 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. $966.86 b. $1,011.33 c. $1,136.39 d. $1,214.32 a. What is the cost of debt for Kenny Enterprises at a market price of $966.86? % (Round to two decimal places.) b. What is the cost of debt for Kenny Enterprises at a market price of $1,011.33? 1% (Round to two decimal places.) c. What is the cost of debt for Kenny Enterprises at a market price of $1.136.39? Enter your answer in each of the answer boxes

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