A bond that has a $1000 par value (face Value) and a contract or coupon interest rate of 10.2%. The…

A bond that has a $1000 par value (face Value) and a contract or coupon interest rate of 10.2%. The…

A bond that has a $1000 par value (face Value) and a contract or coupon interest rate of 10.2%. The bonds have a current market value of $1,121 and will mature in 10 years. The firm’s marginal tax rate is 34% The cost of capital from this bond debt is

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