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Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 0 of 6 pts 2 of 12 (0 complete) HW Score: 0%, 0
Homework: M6: Cost of Capital and WC Managment -- Chapters Save Score: 0 of 6 pts 2 of 12 (0 complete) HW Score: 0%, 0 of 55 pts P11-4 (similar to) s Question Help Cost of debt. Dunder-Mifflin, Inc. (DMI) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year. The bond will pay a coupon rate of 13.3% with semiannual payments and will mature in 30 years. Its par value is $100. What is the cost of debt to DMI if the bonds raise the following amounts (ignoring issuing costs)? a. $58,830,000 b. $52,152,000 c. $61.674.000 d. $71,670,000 a. What is the cost of debt to DMI if the bonds raise $58,830,000? 1% (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check
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