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  3. a bond with semi-annual coupon payments is current

A bond with semi-annual coupon payments is currently trading with a yield-tomaturity of 10.4%. What...

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A bond with semi-annual coupon payments is currently trading with a yield-tomaturity of 10.4%. What is the effective annual yield of this bond investment? (Noter Round your answer to 4 decimal places. For example, if your answer 1 . 8.76 in the box as you will be should write 0.0876 in the answer box. DO NOT write 8.76%. marked wrong). Question 18 Company A is financed by 18% of debt and the rest of the company is financed by common equity. The company's before-tax cost of debt is 5.1%, and its cost of equity is 11.8%. If the marginal tax rate is 30%, the company's weighted average cost of capital (WACC) is . (Note: Round your answer to 3 decimal places. For example, if your answer is 8.7%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong)

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