find bond yeild

Required Return Ms. Matthews wants you to use the weighted average bond yield for your required return. The total market Value ot debt that ACH is expected to have going into this .'estment is nciudes the inpact of the $aOM to be paid Off this year that has not been hcluded in the financial statenmts. Tile cutront (kltstanding debt has an interest rate of but ACH is of the debt at a lower itest rate of 6%. NI of the S120M in debt is in the torm oi bonds. Ignore tax effects when calculatg required return (i.e do not take the after-tax cost of debt). use current inte'est rates as a tor yield