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sunny, corporation issued bonds with a par value of $1000 and 5.5% coupon rate, 20 years left to maturity, and the price of these bonds
sunny, corporation issued bonds with a par value of $1000 and 5.5% coupon rate, 20 years left to maturity, and the price of these bonds is selling at $1120. The company's tax rate is 25%.
(Show your work step by step: Yoo will get a scope of zero it you fail to show your wonk) Surny, Corp. issued bonds whth a por value of $1,000 and 5.54 soupon rate, 20 years let to matuity, and the price of theie bends is seling at 51,20 the corpartyk ther rate s 25 percent (1) What is the pre tax cost of bebt of the company? (2) What is the aftertins cost of debt of the compary 1. what is the pretax cost of debt of the company?
2. what is the after tax cause of debt of the company?
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