2. Tax rate = 30%. A 10%, 10-year bond (issued by GM) pays interest annually. If the bond was issued 4 years ago and is currently quoted at 90, calculate the cost of debt and actual cost of debt. Show the time line, abbreviated NS expression, and FCS entries. aluo of $100 and an annual dividend rate of

2. Tax rate =30%. A 10%,10-year bond (issued by GM) pays interest annually. If the bond was issued 4 years ago and is currently quoted at 90 , calculate the cost of debt and actual cost of debt. Show the time line, abbreviated NS expression, and FCS entries. 2. Tax rate =30%. A 10%,10-year bond (issued by GM) pays interest annually. If the bond was issued 4 years ago and is currently quoted at 90 , calculate the cost of debt and actual cost of debt. Show the time line, abbreviated NS expression, and FCS entries