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please help me solve the question a,b,c The Wagner Corporation has a $23 million bond obligation outstanding. which it is considering refunding. Though the bonds

please help me solve the question a,b,c
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The Wagner Corporation has a $23 million bond obligation outstanding. which it is considering refunding. Though the bonds were intially issued at 15 percent, the interest rates on similar issues have declined to 121 percent. The bonds were originally issued for 20 years and have 16 years remaining. The new issue would be for 16 years. There is a 8 percent call premium on the old issue. The underwriting cost on the new $23 million issue is $580,000, and the underwriting cost on the old issue was $430.000. The company is in a 34 percent tax bracket, and it will allow an overlap period of one month (1/12 of the year). Treasury bills currently yleid 5 percent. (Do not round intermediate calculations. Enter the answers in whole dollars, not in millions. Round the final answers to nearest whole dolliat.) a. Calculote the present value of total outflows. Total outflows b. Calculate the present value of total infows. Total infows c. Colculote the net present volue Net present value d. Should the old issue be refunded with new debt? Yes No

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