A company has a bond that has a $ 1000 A company has a bond that has a $ 1000 Question A company has a bond that has a $ 1000 (face value of bond) and a contract or coupon interest of 11.6%.The company's bond has a current market value of $ 1,125 and will mature in 10 years. The company's marginal tax rate is is 34%What is the cost of capital from this bond debt?