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Question 8 Ignoring taxes, if a firm issues debt at par, then 1. The cost of the debt is equal to its coupon rate II.

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Question 8 Ignoring taxes, if a firm issues debt at par, then 1. The cost of the debt is equal to its coupon rate II. The cost of the debt is equal to its yield-to-maturity III. The cost of the debt differs from its current yield I only I and II only Il only I, II and III I and Ill only

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