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Question 1 1 pts Suppose your firm just issued a 20-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 6%. The
Question 1 1 pts Suppose your firm just issued a 20-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 6%. The bonds sold for par value, but flotation costs amounted to 4% of the price. You have a 21% corporate tax rate, what is your firm's cost of debt? 6.36% o 9.48% 4.74% 0 6.00% o 5.02%
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