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pls answer the p14-29 and p14-19 thanks for p14-19 this is for b and c b. the number of bonds that thr company needs to

pls answer the p14-29 and p14-19 thanks image text in transcribed
for p14-19
this is for b and c
b. the number of bonds that thr company needs to sell is ? round up to the nearest integer.
c. the firms after tax cost of debt is ? round to two decimal places.
image text in transcribed
Save pur Homework Fini. Score: 0 of 1 pt 11 of 11 (10 complete) X P14-29 (similar to) HW Score: 58.64%, 6.45 of 11 pts Question Help (Related to Checkpoint 14.4) (Flotation costs and NPV analysis) The Faraway Moving Company is involved in a major plant expansion that involves the expenditure of $192 million in the coming year. The firm plans on financing the expansion through the retention of $139 million in firm earnings and by borrowing the remaining $53 milion in return for helping sell the $53 million in new debt, the firm's investment banker charges a fee of 300 basis points (where one basis point is 0.01 percent). If Faraway decides to adjust for these flotation costs by adding them to the initial outlay, what will the initial outlay for the project be? The flotation cost adjusted initial outlay is (Round to the nearest dollar) HUITEWOR! Chapter 14 Homework Score: 0 of 1 pt 7 of 11 (11 complete) X P14-19 (similar to) HW Score: 58.64%, 6.45 of 1 Question Help (Cost of debt) Sincere Stationery Corporation needs to raise $534,000 to improve its manufacturing plant. It has decided to issue a $1,000 par value bond with an annual coupon rate of 10.2 percent with interest paid semiannually and a 15-year maturity. Investors require a rate of return of 82 percent. a. Compute the market value of the bonds b. How many bonds will the firm have to issue to receive the needed funds? c. What is the firm's after-tax cost of debt if the firm's tax rate is 34 percent? a. The market value of the bonds is $ . (Round to the nearest cent)

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