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the following prices? What do you notice about the price and the cost of debt? a . $ 9 4 8 . 7 1 b

the following prices? What do you notice about the price and the cost of debt?
a. $948.71
b. $1,000.00
c. $1,032.70
d. $1,156.67
a. What is the cost of debt for Kenny Enterprises if the bond sells at $948.71?
%(Round to two decimal places.)
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