Question: Kenny enterprises will issue a bond with a par value of $ 1000, a maturity of twenty years and.... please show me the math on

Kenny enterprises will issue a bond with a par value of

Kenny enterprises will issue a bond with a par value of $ 1000, a maturity of twenty years and.... please show me the math on this

Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 10.7% with semiannual payments, and will use an investment bank that charges $25 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $932.06 b. $1,001.72 c. $1,088.66 d. $1,129.66 a. What is the cost of debt for Kenny Enterprises at a market price of $932.06? % (Round to two decimal places. ) Enter your answer in the answer box and then click Check Answer. ? 3 parts remaining Clear All Check

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