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Quesuun 23 1 pts A company's bonds have an 8% coupon rate (paid annually), a maturity of 10 years, a par value of $1,000 and

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Quesuun 23 1 pts A company's bonds have an 8% coupon rate (paid annually), a maturity of 10 years, a par value of $1,000 and a price of $950. The corporate tax rate is 30%. The risk premium for equity above the bond yield is 2%. What is the cost of equity? O 10.77% 12.48% O 15.04% O 13.95% Next

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