Question: Please what is the answer for this question? QUESTIONS QUESTION 1. Compute the cost of a 17% coupon, 3-year maturity bond issue of 2.000.000}. The

Please what is the answer for this question? QUESTIONS QUESTION 1.

Please what is the answer for this question?

QUESTIONS QUESTION 1. Compute the cost of a 17% coupon, 3-year maturity bond issue of 2.000.000}. The bonds were sold at 8% discount and the flotation costs amounted to 6% of total nominal value. Repayment will be made in equal installments. The tax rate is 22%. (20 pts.)

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