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pls help me out asap, i am struggling to figure these ones out, thanks You are analyzing the after-tax cost of debt for a firm.
pls help me out asap, i am struggling to figure these ones out, thanks
You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 13.50 percent semiannual coupon bonds are selling at a price of $1,164. Assuming that these bonds are the only debt outstanding for the firm. Problem 13.19 a1-a3(a1) What is the current YTM of the bonds? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25\%.) YTM % eTextbook and Media Solution Attempts: 3 of 3 used Problem 13.19 a1-a3(a2) What is the after-tax cost of debt for this firm if it has a marginal tax rate of 34 percent? (Round final answer to 2 decimal places, es. 15.25% ) After-tax cost of debt %Step by Step Solution
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