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hurry! QUESTION 18 The Lincoln Company sold a $1,000 par value, that now has 10 years to maturity and a 6.00% coupon paid annually. The
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QUESTION 18 The Lincoln Company sold a $1,000 par value, that now has 10 years to maturity and a 6.00% coupon paid annually. The bond currently sells for $1100 and the company's tax rate is 40%. What is the before-tax component cost of debt for use in the WACC calculation? a. 4.28% O b.4.46% O c. 4.72% O d.5.03% Step by Step Solution
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