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If you use excel please explain the equations used Question 3 (15 points): Company A plans to issue a 30-year bond of $5,750 to fund

image text in transcribedIf you use excel please explain the equations used

Question 3 (15 points): Company A plans to issue a 30-year bond of $5,750 to fund a project. Company A pays bond holders a total of $87.18 every six months. At the end of 3rd year, company A decided to redeem the bond for $7,338.62. What is the financial cost of the capital for the project

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