Business, 19.07.2021 20:20 CameronVand21

Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 7.5 % with semiannual payments, and will use an investment bank that charges $25 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $982.48
b. $1,004.93
c. $1,068.15
d. $1,171.91

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Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity...

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