What is the? bond ytm

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1 A firm raises capital by selling ?$25,000 worth of debt with flotation costs equal to 1?% of its par value. If the debt matures in 15 years and has an annual coupon interest rate of ?9%, what is the? bond's YTM?

2 Your? firm, People's Consulting? Group, has been asked to consult on a potential preferred stock offering by Brave New World. This 9?% preferred stock issue would be sold at its par value of ?$35 per share. Flotation costs would total ?$2.50 per share. Calculate the cost of this preferred stock.

Reference no: EM132847197

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