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i need answer with all the calculations Stewie and Sons inc, has a $1,000 par value bond outstanding with 20 years to maturity. The bond

i need answer with all the calculations
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Stewie and Sons inc, has a $1,000 par value bond outstanding with 20 years to maturity. The bond carries an annual interest payment of $127 and is currently selling for $940 per bond. Stewie and Sons inc. is in a 35 percent tax bracket. The firm wishes to know what the after-tax cost of a new bond issue is likely to be. The yield to maturity on the new issue will be the same as the yield to maturity on the old issue because the risk and maturity date will be similar. (Do not round intermediote calculations. Round the finet answers to 2 decimal places. Please use Excel or the BAll+ calculator to calculote yield). Please show all calculations (submit on the course Moodle page) 0. Compute the yield to maturity on the old issue and use this as the yiedd for the new issue. [2 marks] Yield on new issue b. Make the appropriate tax adjustment to determine the after tax cost of debt: [2 marks] Cost of debt

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