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Question 12 (1 point) Wang Co. will be selling bonds to raise funds to finance a project. The bonds will have annual coupon of 10%,

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Question 12 (1 point) Wang Co. will be selling bonds to raise funds to finance a project. The bonds will have annual coupon of 10%, Face Value of $1,000 and 15 years to maturity. Bonds will sell for $1,000 each but the flotation cost will be 5%. The pre-tax cost of bond financing, including flotation cost. will be al 7.68% D) 8 68% Od 9,68% d) 10.68% Od 12

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