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Your firm has 400,000 semi-annual bonds outstanding. If the current market price is $1200, the annual coupon rate is 6%, the face value is $1000

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Your firm has 400,000 semi-annual bonds outstanding. If the current market price is $1200, the annual coupon rate is 6%, the face value is $1000 and they mature in 7 years, what is your firm's cost of debt before considering taxes? $448,000,000 6% $400,000,000 4% 3%

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