A 1000 par value bond with a market price of and a coupon
A $1,000 par value bond with a market price of and a coupon interest rate of percent. Flotation costs for a new issue would be approximately 8 percent. The bonds mature in 11 years and the corporate tax rate is percent.
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a 1000 par value bond with a market price of and a coupon interest rate of percent flotation costs for a new issue
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