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    drzfinezt19 Posts: 1, Reputation: 1
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    Nov 8, 2010, 02:12 PM
    Finance- Cost of debt
    Your firm sold a 25-year bond at par 19 years ago. The bond pays an 6% annual coupon, has a $1,000 face
    value, and currently sells for $825. What is the firm's cost of debt?

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