PLEASE COMPLETE ALL PARTS OF THIS ONE QUESTION. P9-4 is just a ref photo

BUCO Problem 1: P9-4 Page 420 C, D, E (30 points) Cost of debt using the approximation formula; Supply bond answers for each bond. Give answers for the before-tax cost of debt and the after tax cost of debt Refer to pages 404 & 405 in textbook illustrates how to solve by calculator, excel and formula for before tax cost of debt, then solve for each bond Use 40% for the tax cost. After-tax cost of debt-ryx (1-7) $1,000 - + where: Before tax cost of debt 7 N+$1,000 -pre-tax cost of debt N = Net proceeds from bond sale 2 = number of years to maturity 1 = Annual interest payments in dollars, n After tax cost of debt = 3x (1-7) Bond C: Before tax cost of debt = S1,000 - 1 + 11 N+$1,000 After tax cost of debt =rx (1-1) Bond D: Before tax cost of debt $1,000 - I + 21 N,+$1,000 2 Bond E: Before tax cost of debt = After tax cost of debt =r,x(1 - 1) $1,000-N 1 + 11 N + S1,000 2 P9_4 Cost of debt using the approximation formula For each of the following $1,000-par- value bonds, assuming annual interest payment and a 40% tax rate, calculate the after-tax cost to maturity, using the approximation formula. Boad