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Please answer part a(2), will rate thumbs up upon receiving correct answer You are analyzing the after-tax cost of debt for a firm. You know

image text in transcribedPlease answer part a(2), will rate thumbs up upon receiving correct answer

You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 13.00 percent semiannual coupon bonds are selling at a price of $1,206.98. These bonds are the only debt outstanding for the firm. (a1) Your answer is correct. What is the current YTM of the bonds? (Round final answer to 2 decimal places, e.g. 15.25%.) YTM 10.00 % e Textbook and Media Attempts: 3 of 3 used Using multiple attempts has impacted your score. 50% score reduction after attempt 2 (a2) What is the after-tax cost of debt for this form if it has a marginal tax rate of 34 percent? (Round intermediate calculations to 4 decimal places, eg. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.) After-tax cost of debt % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 50% score reduction after attempt 2

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