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Several years ago, the Jakobe Company issued a 5 . 1.4 par value, non-callable bond that nowhas 20 years to maturity and a 7% annual

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Several years ago, the Jakobe Company issued a 5 . 1.4 par value, non-callable bond that nowhas 20 years to maturity and a 7% annual coupon that is paid semiannually. The bond currently selbs for WACC calculation? Your answer should be between 3.34 and 5.43, rounded to 2 decimal places, with no special characters

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