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Estimating Cost of Debt - Company FORD MOTOR Most recently issued bond data, or bond with longest maturity Source: FINRA-Morningstar Maturity30years Coupon rate9% Face Value

Estimating Cost of Debt - Company FORD MOTOR

Most recently issued bond data, or bond with longest maturity

Source: FINRA-Morningstar

Maturity30years

Coupon rate9%

Face Value $500,000.00

Price $97.60

Payments2per year

Number of payments60

PV$(97.60)

Payment?

Future Value$500,000.00

Per period rate?

Cost of debt (annual)?

Need help finding the PAYMENT, PER PERIOD RATE, AND COST OF DEBT?

ItemSource Value

Value of DebtSEC $148,629 (THIS MAY BE WRONG)

Market CapYahoo $42,634 (THIS MAY BE WRONG)

Tax rateIRS35.00% (assume tax rate is 35%)

WACC30.27% (Seems too high currently their WACC is 2.35) What am I missing? This is data for Ford motor

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