Question 5 of 12 > 072 View Policies Show Attempt History Current Attempt in Progress You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity. 13.00 percent semiannual coupon bonds are selling at a price of $1.206.98. These bonds are the only debt outstanding for the firm. (21) Your answer is incorrect. What is the current YTM of the bonds? (Round final answer to 2 decimal places, eg. 15.25%.) YTM % e Textbook and Media Question 6 of 12 0125 View Policies Show Attempt History Current Attempt in Progress Crane Inc's common shares currently sell for $32 each. The firm's management believes that its shares should really sell for $45 each. The firm just paid an annual dividend of $2 per share and management expects those dividends to increase by 8 percent per year forever (and this is common knowledge to the market). (a 1) Your answer is incorrect. What is the current cost of common equity for the firm? (Round final answer to 2 decimal places, eg. 15.25%) The current cost of common equity for the firm 96 e Textbook and Media Save for later