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PLEASE ANSWER ASAAAAAP The long-term bonds of Topstone Industries pay semiannual coupons, have a face value of $1,000, a 9% coupon rate, and mature in
PLEASE ANSWER ASAAAAAP
The long-term bonds of Topstone Industries pay semiannual coupons, have a face value of $1,000, a 9% coupon rate, and mature in 3 years. Find the cost of debt if the bonds are currently selling for $900." 13.30% 12.24% 13.25% 14.21% 13.14%
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