Seve Homework: Chapter 9 Homework Score: 0 of 1 pt X P9-2 (similar to) 1 2 of 11 14 completa HW Score: 25.70%, 2.83 of 11 pts Question Help a 12% coupon . Because current market rates for similar bonds Cost of debt using both methods (YTM and the approximation formula) Currently, Waren industria consell 15-year $1.000 par-value bonds paying annual in are just under 12%, Warren can sell its bends for $1010each Waren wil in fortion cost of $35 per bond. The firm is in the 20% tax bracket a. Find the nut proceeds from the sale of the bond, N Calculate the bond's yold tomaty YTM) to estimate the before tax and arter tax costs of debt G. Use the approximation formato estimate the belorelax and after tax costs of debt. a. The net proceeds from the sale of the bond, N. Round to the nearest dollar)