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A bond that has a 1000 par value and a contract or coupon

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Reference no: EM13575099

A bond that has a $1000 par value and a contract or coupon interest rate of 10.5%. The bonds have a current market value of $1,125 and will mature in 10 years. The firm's marginal tax rate is 34%.The cost of capital from this bond debt is%.

Reference no: EM13575099

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