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Question: What is the cost of the debt for Kenny Enterpristes at the following market prices? ? Costofdebt with fees. Kenny Enterprises will issue a

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Question: What is the cost of the debt for Kenny Enterpristes at the following market prices?

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Costofdebt with fees. Kenny Enterprises will issue a bond with a par value of 51.000, a maturity of twenty years, and a coupon rate of 3.2% with semiannual payments, and will use an investment bank that charges $25 per bond for its services. What is the east of debt for Kenny Enterprises at the following market prices? a. $920.96 b. $992.66 c. $1,124.50 d. $1.1?0.B-4

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