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Thanks so much yall! Use the information below to determine before-tax cost of debt financing of bond S Annual Before -Tax Cost The Selling Number

image text in transcribedThanks so much yall!

Use the information below to determine before-tax cost of debt financing of bond S Annual Before -Tax Cost The Selling Number of Coupon Rate, Floatation Costs of Debt Financing Price of the Years to Par Value (paid Bond (P) Maturity (n) (%) annually) Bond S $1,050 $1,000 $2.39 29 6.55% Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box) You should use Excel or financial calculator

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