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

Use the information below to determine before-tax cost of debt financing of bond S. The Selling Price of the Bond (P) Number of Years to Maturity (n) Annual Coupon Rate, (paid annually) Par Value Floatation Costs Before -Tax Cost of Debt Financing (%) Bond S $1,050 29 6.55% $1,000 $2.39 ?

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