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Business, 28.11.2019 03:31 RipoldSmellypoop47

The lincoln company sold a $1,000 par value, noncallable bond several years ago that now has 20 years to maturity and a 7.00% annual coupon that is paid semiannually. the bond currently sells for $925 and the company's tax rate is 40%. what is the component cost of debt for use in the wacc calculation? a. 4.28%b. 4.46%c. 4.65%d. 4.83%e. 5.03%

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The lincoln company sold a $1,000 par value, noncallable bond several years ago that now has 20 year...
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