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QUESTION 38 Duke Company issus a $1,000 par value, noncalable bond that has 30 years to maturity and a 6.00% annual coupon that is paid

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QUESTION 38 Duke Company issus a $1,000 par value, noncalable bond that has 30 years to maturity and a 6.00% annual coupon that is paid semiannually. The bond is selling for $925, and the company's tax rate is 35%. What is the component cost of debt for use in the WACC calculation? TTTT Paragraph Arial 3 (12) { * Da St Mashup OX Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers MacBook Air & 30 F 11 A og # # 3 $ 4 % 5 2 6 7 8

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