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Question 2 1 pts Use the following information to answer all questions related to this bond. Report all dollar values displaying dollars and cents, and
Question 2 1 pts Use the following information to answer all questions related to this bond. Report all dollar values displaying dollars and cents, and all percentages displaying two decimal places (e.g., 3.33 percent rather than 0.03). The ZYX Company is planning to raise $25 million through a bond issuance. The bonds have a $1,000 face value, 6.00 percent coupon rate, pay coupons semi- annually, and have a term of 10 years. The underwriter is charging $42.50 in flotation costs and current investors require a 7.50 percent rate of return. The company's marginal tax rate is 21 percent. What is the amount of the periodic coupon payment received by investors
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