Question: PLEASE SHOW WORK SO I CAN UNDERSTAND PLEASE A bond that matures in 10 years and has a coupon rate of 6%. The bond is

PLEASE SHOW WORK SO I CAN UNDERSTAND PLEASE

A bond that matures in 10 years and has a coupon rate of 6%. The bond is selling in the market for $940. The company is in the 40$ tax bracket. Determine the company's cost of bond financing

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