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rites Tools Help Bank of America HealthAma Aly Auto Finance Vehicle.. ?Waterl Log In Access Managers -Navier t Mortgag 13 6.64/10 Total poirts aswarded He

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rites Tools Help Bank of America HealthAma Aly Auto Finance Vehicle.. ?Waterl Log In Access Managers -Navier t Mortgag 13 6.64/10 Total poirts aswarded He Show my Olympic Sports has two issues of debt outstanding One is an 8% coupon bond with a face value of $36 million, a maturity of 15 years, and a yield to maturity of 9%. The coupons are paid annually The other bond issue has a maturity of 20 years, with coupons also paid annually, and a coupon rate of 9%. The face value of the issue is $41 million, and the issue sells for 95% of par value. The firm's tax rate is 40% what is the before-tax cost of debt for Olympic? (Do not round intermediate calculations. Enter your answer as to 2 decimal places.) cost of debt b. What is Olympic's after-tax cost of debt? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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