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S claus company is planning a zero coupon bond issue the

Question: S. Claus & Company is planning a zero coupon bond issue. The bond has a par value of $1,000, matures in 2 years, and will be sold at a price of $826.45. What is the annual cost of debt (YTM) to the company on this issue? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: S claus company is planning a zero coupon bond issue the

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