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You are trying to find your firm's cost of debt to use in the WACC equation. Which bond would be best to use? A. Bond

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You are trying to find your firm's cost of debt to use in the WACC equation. Which bond would be best to use? A. Bond 1: $3 billion, maturity date 18 months from now, issued 2 months ago B. Bond 2: $1 billion, maturity date 5 years from today, issued 3 years ago C. Bond 3: $2 billion, maturity date 10 years from today, issued 2 months ago D. Bond 4: $400 million, maturity date 20 years from now, issued 10 years ago Reset Selection Which of the following projects most likely has the lowest cost of capital? A. Investment in latest-technology, high-end smartphone production in Sweden B. Investment in expanding a gold-mining operation in Nevada C. Construction of a new steel factory in Michigan D. Construction of a luxury resort in the Bahamas Reset Selection

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