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please doubke check answers and need help with C up Juve AI Submit Problem 14-7 Calculating Cost of Debt [LO2) Jiminy's Cricket Farm issued a

please doubke check answers and need help with C image text in transcribed
up Juve AI Submit Problem 14-7 Calculating Cost of Debt [LO2) Jiminy's Cricket Farm issued a bond with 25 years to maturity and a semiannua rate of 5 percent 6 years ago. The bond currently sells for 106 percent of its fa The company's tax rate is 25 percent. a. What is the pretax cost of debt? (Do not round intermediate calculations a your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the aftertax cost of debt? (Do not round intermediate calculations an your answer as a percent rounded to 2 decimal places, e.g. 32.16.) 4 53: a. Pretax cost of debt b. Aftertax cost of debt 3.39 C. Which is more relevant, the pretax or the aftertax cost of debt? Aftertax cost of debt Pretax cost of debt Prey 1 0f 10 Next > PM

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