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Use the information below to determine before-tax cost of debt financing of bond S. The Selling Number of Price of the Years to Bond (P)

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Use the information below to determine before-tax cost of debt financing of bond S. The Selling Number of Price of the Years to Bond (P) Maturity (n) Annual Coupon Rate, (paid annually) Before - Tax Cost Par Value Floatation Costs of Debt Financing (%) Bond S $1,065 17 16.48% $1,000 $4.25

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