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Question 1 BearKat Enterprises plans to issue bonds with the following characteristics: 10 years to maturity 7.5% annual coupon rate . $1000 par value

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Question 1 BearKat Enterprises plans to issue bonds with the following characteristics: 10 years to maturity " 7.5% annual coupon rate . $1000 par value Currently prices at par ($1,000) What is BearKat Enterprises pre-tax cost of capital from debt (ro)? Enter your answer as a decimal with a leading zero and 4 decimal places of precision

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