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Question 9 (10 points) 10 11 12 Your firm just issued bonds with twelve years until maturity. The bonds pay interest semiannually and offer a

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Question 9 (10 points) 10 11 12 Your firm just issued bonds with twelve years until maturity. The bonds pay interest semiannually and offer a 9% coupon rate. The bonds have a 7% yield to maturity and a par value of $1,000. How much should you pay for the bonds today? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1,101.555, and an answer in percent form should be entered as 5.000% or 5.770%. Question 10 (10 points) Darden Restaurants has bonds outstanding with six years to maturity. The bonds pay interest semiannually and offer a 6% coupon rate. The bonds have a $1,000 par value and are currently trading at $1.005 per bond. The firm is in the 25% tax bracket. What is the bond's after-tax cost of debt? Please make sure to enter your answer in the appropriate form. For example, an answer in dollars should be entered as $1.101.555, and an answer in percent form should be entered as 5.000% or 5.770%

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