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Sinner Service Inc. (SSI) has the following 2, semi-annual coupon bond issues outstanding: Bond Coupon Rate 1 8% 2 7% Price Quote 97.65 102.55

 


Sinner Service Inc. (SSI) has the following 2, semi-annual coupon bond issues outstanding: Bond Coupon Rate 1 8% 2 7% Price Quote 97.65 102.55 Maturity 5.5 years 10 years Face Value $900,000 $500,000 If the corporate tax rate is 35%, what is the after-tax cost of debt for SSI.?

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