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energetic is trying to estimate the cost of retained earnings. the companies has outstanding bonds that pay $20 interest every six months. the bonds, which

energetic is trying to estimate the cost of retained earnings. the companies has outstanding bonds that pay $20 interest every six months. the bonds, which have a face value of $1000 and mature in six years are currently selling for $900. estimate Energetic's cost of retained earnings using the bond-plus-risk- premium approach.

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