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D Question 17 1 pts Handy Man, Inc., has zero coupon bonds outstanding that mature in eight years. The bonds have a face value of

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D Question 17 1 pts Handy Man, Inc., has zero coupon bonds outstanding that mature in eight years. The bonds have a face value of $1,000 and a current market price of $640. What is the pretax cost of debt? (Use semiannual compounding.) 5.66% 6.55% 2.83% 7.48% 2.94% Question 18 1 pts The Well Derrick has 5.5 percent preferred stock outstanding that sells for $48 a share. This stock was originally issued at $45 per share. What is the cost of preferred stock if the firm's tax rate is 35 percent? 11.46% 12.80% 12.22% 745% 794%

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