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QUESTION
A bond has a $1000 par value (face value) and a contract or coupon rate of 11. The Bonds have a current market value of $1128 and will mature in 10...
A bond has a $1000 par value (face value) and a contract or coupon rate of 11.2%. The Bonds have a current market value of $1128 and will mature in 10 years. The firms marginal tax rate is 34%.The cost of capital from this bond debt is___%
