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What is the cost of debt to DMI if the bonds raise the following...... 1)$57,324,000= 2)$50,532,000= 3)$74,928,000= 4)$76,782,000= Round to two decimal places ***please do

image text in transcribed What is the cost of debt to DMI if the bonds raise the following......
1)$57,324,000=
2)$50,532,000=
3)$74,928,000=
4)$76,782,000=
Round to two decimal places
***please do not answer if you are not going answer the entire question and correctly*******
Cost of debt Dunder Mimin, Inc. (DMI) is selling 600,000 bonds to raise money for the publication of new magazines in the coming year. The bond wil pay a coupon rate of 9,5% with semiannual payments and w maturein 30 years. Its par value oost bonds (ignoring issuing costs)? a. $57,324,000 b, $50,532,000 c, $74,928,000 d. $76,782,000 a. What is the cost of debt to DMIifthe bonds raise $57,324,000? (Round to two decimal places.)

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