Question: A bond that has 1000 par value and a contract rate of 11.9%. The bod is currently selling for $1121 and will mature in 10

A bond that has 1000 par value and a contract rate of 11.9%. The bod is currently selling for $1121 and will mature in 10 years. The firms tax rate is 34 % Cost of the capital from the bond debt is __%

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