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实时资讯全掌握
A company has issued 10% bonds that are redeemable at par in three years' time. Interest is paid annually, and the interest payment for the most recent year has just been paid. The current market price of the bonds is 103.2. The rate of tax is 25%. Using the discount rates given below and the IRR interpolation method, you are required to calculate the cost of the bonds, to the nearest one decimal place.
To the nearest one decimal place, the cost of the bonds is ________%. |