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The Beef Corporation is undergoing a major expansion, which will be financed by issuing 15- year, 9% annual coupon bonds. The market price of the

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The Beef Corporation is undergoing a major expansion, which will be financed by issuing 15- year, 9% annual coupon bonds. The market price of the bonds is $1,058.83. What is the relevant cost of bonds to the company? Select one: O a. 8.3% O b. 9.1% C. 9.8% d. 10.2% A corporate bond has a coupon rate of 9%, a face value of $1,000, a market price of $850, and the bond matures in 15 years. The YIELD-TO-MATURITY on the bonds is: Select one: a. 9.0% b. 8.4% C. 11.1% d. 7.4% Which of the following features, or benefits, belongs to PREFERRED stockholders? Select one: O a. all the options are correct O b. ownership of the firm O c. unlimited liability O d. voting rights

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