Investment bankers regarding the issuance of new bonds

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The cost of debt systems Inc is in discussions with investment bankers regarding the issuance of new bonds. The investment banker on has informed the firm that different will different rates and sell at different price The must choose among In each case the bonds will have a $1.000 per value and cost will be $40 per bonds. The company is taxed at 30%. Use the to calculate the cost of with the following (click on the of the data table below in order to copy its connects into a The cost of using the approximate formula is %

Reference no: EM131590172

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