Question: c. A bond that has a $1,000 par value and a coupon interest rate of 11.1 percent with interest paid semiannually. A new issue would

c. A bond that has a $1,000 par value and a coupon interest rate of 11.1 percent with interest paid semiannually. A new issue would sell for $1,150 per bond and mature in 20 years. The firm's tax rate is 34 percent
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