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Great Nevada Inc. has 3 bond issues outstanding: Book value of issue Coupon rate YTM Price (%) $17,000,000 5% 4.7% 102.7 $5,000,000 7% 3.6% 123.27

Great Nevada Inc. has 3 bond issues outstanding: Book value of issue Coupon rate YTM Price (%) $17,000,000 5% 4.7% 102.7 $5,000,000 7% 3.6% 123.27 $26,000,000 6.5% 7% 94.7

What is the actual (pre-tax) cost of debt ?

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