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Problem 11.17 You are analyzing the cost of debt for a firm. You know that the firm's 14-year matunity. 10.25 percent coupon bonds are selling

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Problem 11.17 You are analyzing the cost of debt for a firm. You know that the firm's 14-year matunity. 10.25 percent coupon bonds are selling at a price of $1,002.21.The bonds pay interest semiannually. If these bonds are the only debt outstanding for the firm 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, eg. 15.25%.) The current YTM for the bonds 2514 and final answer to 2 What is the after-tax cost of debt for this firm if it has a 30 percent marginal and average ta rate? (Round intermediate calculations to 4 decimal places, e.g. 1 decimal places, eg. is.25%.) After-tax cost of debt Click if you would like to Sshow Work for this question: Open Shom Work O TEXT SAE FOs LATE SUBHIT ANSWER Question Attempts: 0 of 3 used

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