Find the Cost of Bond to the issue. The company issued 10,000 bonds of $100...

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Finance

Find the Cost of Bond to the issue. The company issued 10,000 bonds of $100 each to be redeemed for $105 after 15 years. The coupon rate on each bond is $4 per year, and tax rate for companies in that province is 20%. Question 6 options: 3.1% 3.9% 3.5% 4.3%

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