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Use the information below to determine before tax-costs of debt financing of bond S: Selling price: $1089 Number of years to maturity: 17 Annual Coupon

Use the information below to determine before tax-costs of debt financing of bond S: Selling price: $1089 Number of years to maturity: 17 Annual Coupon Rate, paid annually: 13.99% Par Value: 1000 Floatation Cost: $2.23

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