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Please help as my answers are wrong. Occam Industrial Machines issued 139,000 zero coupon bonds four years ago. The bonds have a par value of

Please help as my answers are wrong. image text in transcribed
Occam Industrial Machines issued 139,000 zero coupon bonds four years ago. The bonds have a par value of $1,000 and originally had 30 years to maturity with a yield to maturity of 6.9 percent. Interest rates have recently increased, and the bonds now have a yield to maturity of 8.5 percent. Assume semiannual compounding for the bonds. What is the dollar price of the bonds? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the market value of the company's debt? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g. 1,234,567.89. If the company has a $45.4 million market value of equity, what weight should it use for debt when calculating the cost of capital? Note: Do not round intermediate calculations and round your answer to 4 decimal places, e.g. . 1616

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