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 11-3.

Table 11.3 Excerpt from S&P Capitol IQ Net Acivontoge

Maturity Date	Issuer	Security Type	Seniority	Coupon	Offer Date	Amt outstanding ($mm)	Current Price	Current YTM	S&P Rating
Apr-01-2023	The Coca-Cola Company (NYSE:KO)	Corporate Debentures	Senior Unsecured	2.5	Feb-28-2013	750.0	105.501	0.17	A+
Sep-06-2029	The Coca-Cola Company (NYSE:KO)	Corporate Debentures	Senior Unsecured	2.125	Sep-04-2019	1,000.0	10E819	1.302	A+
Jul-29-2093	The Coca-Cola Company (NYSE:KO)	Corporate Debentures	Senior Unsecured	7-375	Jul-22-1993	95.84	191.071	3.73	A+

1. What is the yield to maturity on similarly outstanding debt for the firm in terms of maturity.

Note: Input your answer as a percent rounded to 2 decimal places.

1. Assume that because the new debt will be issued at par, the required yield to maturity will be 0.15 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.

1. 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.