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Keyspan corp. is planning to issue debt that will mature in 2030. In many respects, the issue is similar to the currently outstanding debt of

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Keyspan corp. is planning to issue debt that will mature in 2030. In many respects, the issue is similar to the currently outstanding debt of the corporation. Use Table 11-3. a. Calculate the yield to maturity on similarly outstanding debt for the firm in terms of maturity (input your answer as a percent rounded to 2 decimal places.) Assume that because the new debt will be issued at par, the required yield to maturity will be 0.20 percent higher than the value determined in part a. b. What is the new yield to maturity? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Yield c. If the firm is in a 25 percent tax bracket, what is the aftertax cost of debt for the yield determined in part b? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Aftertax cost of debt Prey 15 of 25 Next > xil Maturity Date Nov-15-2030 Apr-01-2033 Apr-01-2025 1550e Keypan Corporation K eyspan corporation K eypan corporation Security Type Corporate bebentures Corporate bebentures CORE Debentures Seniority Coupon Senior Unsecured0.000 Senior Unsecured 5.75 Senior Unsecured 5.0 Offer Date Nov-15-2000 AE 2003 M -2005 Atoutstag. Current Current S6P mm) Price YTM Rating 250.00 131.285 4.710 BBB+ 150.00 117.973 4.250 BBB 307.201 17.9731.021 BBB+ A 920/2019

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