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Help on question a, b, c, and d. Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000,

Help on question a, b, c, and d.

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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 12.1% with semiannual payments, and will use an investment bank that charges $20 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $957.01 b. $1,007.43 c. $1,060.98 d. $1, 145.39 a. What is the cost of debt for Kenny Enterprises at a market price of $957.01? % (Round to two decimal places.)

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