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fiminy/s Gicker Farm issued a 25 year, 6 percent semiannual coupon bond 5 years ago. The bond currently sells for 108 percent of its face
fiminy/s Gicker Farm issued a 25 year, 6 percent semiannual coupon bond 5 years ago. The bond currently sells for 108 percent of its face value. The company's tax rate is 24 percent a. What is the company's prelax cost of deb? Note: Do not round intermedlate calculatons and enter your answer as a percent rounded to 2 decimal places, e.g. 3216. b. What is the company's aftertax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, eg. 3216
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