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FINC 302 is a long term debt where face amount of each bond is GH 1,000. The coupon rate is 20% to be paid semi

FINC 302 is a long term debt where face amount of each bond is GH 1,000. The coupon rate is 20% to be paid semi annually. The 5-year risk free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage point.

a) Calculate the required rate of return and the WACC

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