14. in order to build a new warehouse, ABC Co is issuing new bonds at $1.270 to finance it. The bonds have 25 years to maturity with a coupon rate of 10.90% compounded semiannually. Assuming a marginal tax rate of 39%. What is the after-tax cost of debt?

17. Bon x (10 year maturity, 6% annual coupon) and Bond Y (5 year maturity, 6% annual coupon) each have a YTM of 6%. If their YTM decreses to 5%

19. Bonds where the bondholders identity is known to the bond issuer are said to be ____ bonds.