1_The coupon rate on an issue of debt is 10%. The yield to maturity on this issue is 11%. The corporate tax rate is 32%. What would be the approximate after-tax cost of debt for a new issue of bonds?Note: Round your answer to 2 decimal places.Multiple Choice 9.63% ; 8.93%;6.13%; 7.48%

2_Tobin's Barbeque has a bank loan at 8% interest and an after-tax cost of debt of 6%. What will the after-tax cost of debt be when the loan is due if a new loan is taken out yielding 14%.Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Multiple Choice ;10.50%;15.55%;7.95%; None of these options are true.

3_A firm is paying an annual dividend of $6.00 for its preferred stock which is selling for $68.00. There is a selling cost of $4.00. What is the after-tax cost of preferred stock if the firm's tax rate is 38%?Note: Round your answer to 2 decimal places. Multiple Choice ;8.03%;11.53%;10.82%;9.38%

4_A firm's stock is selling for $74. The next annual dividend is expected to be $3.00. The growth rate is 9%. The flotation cost is $4. What is the cost of retained earnings?Note: Round your answer to 2 decimal places. Multiple Choice 10.90%;11.70%;13.05%;14.50%

5_Assume a firm has earnings before depreciation and taxes of $700,000 and no depreciation. It is in a 35 percent tax bracket.

A-Compute its cash flow.

b-Assume it has $700,000 in depreciation. Recompute its cash flow.

c-How large a cash flow benefit did the depreciation provide?