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If a semiannual bond has a yield to maturity of 4%, then the (annualised) cost of debt for this bond is Select one: 4.00% 8.00%

If a semiannual bond has a yield to maturity of 4%, then the (annualised) cost of debt for this bond is Select one: 4.00% 8.00% 2.04% 4.04%

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