Question: 2 Question 22 (2.5 points) Listen Saved se 3: Peter Parker Corp. plans to issue a $1.000 par value, semi-annual pay bond with 20 years

2 Question 22 (2.5 points) Listen Saved se 3: Peter Parker Corp. plans to issue a $1.000 par value, semi-annual pay bond with 20 years to maturity and a coupon rate of 5.50%. The company expects the bonds to sell for $820.00. MC Inc's cost of debt is estimated to be %. 1) 7.11 2) 7.00 3) 7.32 4) 7.21 5) 7.43 Dome Page Next Pasha Page 22 of 41

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