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Plz help! Thank you:) Module 11,12: Risk & Return II, WACC Saved Help Save & Exit Submit Check my work 22 Ying Import has several
Plz help! Thank you:)
Module 11,12: Risk & Return II, WACC Saved Help Save & Exit Submit Check my work 22 Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Maturity 10 points Bond Coupon Rate 1 8.60% 2 6.90 3 8.30 4 8.80 Price Quote 105.1 95.3 103.9 105.8 6 years 9 years 16.5 years 26 years Face Value $21,000,000 41,000,000 46,000,000 61,000,000 Skipped eBook Print If the corporate tax rate is 21 percent, what is the aftertax cost of the company's debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) References Aftertax cost of debt %Step by Step Solution
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