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Edible Egg Farms has bonds outstanding with 3 . 5 % semiannual coupon rate with a yield to maturity of 8 % . The bond
Edible Egg Farms has bonds outstanding with semiannual coupon rate with a yield to maturity of The bond matures in years. The firm incurs flotation costs of $ for flotation and $ for administration costs. What is the bond's cost of debt if the firm is in the tax bracket?
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