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You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 15.50 percent semiannual coupon bonds are selling

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You are analyzing the after-tax cost of debt for a firm. You know that the firm's 12-year maturity, 15.50 percent semiannual coupon bonds are selling at a price of $1,117.25. These bonds are the only debt outstanding for the form (a1) Your answer is correct What is the current YTM of the bonds? (Round final answer to 2 decimal places, eg. 15.25%) YTM 13.50 % Your answer is correct. What is the after-tax cost of debt for this firm if it has a marginal tax rate of 34 percent? (Round intermediate calculations to 4 decimal places, eg. 1.2514 and final answer to 2 decimal places, eg. 15.25%.) After-tax cost of debt 8.91 % (a3) What is the current YTM of the bonds and after-tax cost of debt for this firm if the bonds are selling at par? (Round Intermediate calculations to 4 decimal places, eg. 1.2514 and final answers to 2 decimal places, eg. 15.25%) YTM % After-tax cost of debt %

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