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The Coca-Cola Company is planning to issue debt that will mature in 2093. In many respects, the issue is similar to the currently outstanding debt

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The Coca-Cola Company is planning to issue debt that will mature in 2093. In many respects, the issue is similar to the currently outstanding debt of the corporation. Use Table 113. 0. What is the yield to maturity on similarly outstanding debt for the firm in terms of maturity. Note: Input your answer os a percent rounded to 2 decimal places. b. Assume that because the new debt will be issued at par, the required yleld to maturity will be 0.24 percent higher than the value determined in part a. What is the new yield to maturity? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. c. If the firm is in a 25 percent tax bracket, what is the aftertax cost of debt for the yield determined in part b? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Table 11.3 Excerpt from SeP Capitol IQ Net Acivontoge \begin{tabular}{|l|r|r|r|} \hline Security Type & Seniority & Coupon & offer Date \\ ate Debentures & Senion thsecured & 2,5 & Feh-28-2019 \\ ate Debentures & Semion thecured & 2.125 & Sep-0.-2019 \\ ate Debentures & Senior Unsecured & 7375 & \end{tabular} The Coca-Cola Company is planning to issue debt that will mature in 2093. In many respects, the issue is similar to the currently outstanding debt of the corporation. Use Table 113. 0. What is the yield to maturity on similarly outstanding debt for the firm in terms of maturity. Note: Input your answer os a percent rounded to 2 decimal places. b. Assume that because the new debt will be issued at par, the required yleld to maturity will be 0.24 percent higher than the value determined in part a. What is the new yield to maturity? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. c. If the firm is in a 25 percent tax bracket, what is the aftertax cost of debt for the yield determined in part b? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Table 11.3 Excerpt from SeP Capitol IQ Net Acivontoge \begin{tabular}{|l|r|r|r|} \hline Security Type & Seniority & Coupon & offer Date \\ ate Debentures & Senion thsecured & 2,5 & Feh-28-2019 \\ ate Debentures & Semion thecured & 2.125 & Sep-0.-2019 \\ ate Debentures & Senior Unsecured & 7375 & \end{tabular}

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