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please help Deandra and Anna Stacia are considering a 20-year bond with 15 years outstanding with a face of $1,000. The coupon rate is 40%

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Deandra and Anna Stacia are considering a 20-year bond with 15 years outstanding with a face of $1,000. The coupon rate is 40% and the price of the bond is $1,255. What would be a good estimate of the cost of debt on the bond under consideration?(4 marks) Select one: Da. 32.5350% b. 30.5350% C. 32.7350% d. 31 6350% e. 32 6350%

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