What is the after-tax cost of debt for this firm if it is subjeft to 30 percent marginal and average tax rates?

Youare analyzing the cost of debt for a firm. You know that the firm's 14 year maturity, 7.0 percent coupon bonds are selling at a price of $846.00. The bonds pay interest semiannually. If these bonds are the only debt outstanding answer the following questions. Problem 13.17 a1-a2(a1) Your answer is correct What is the current YTM of the bonds? (Round intermedlote colculations to 4 decimal places es. 1.2514 and fnal answer to 0 deeimal places, eg 15% ) Current YTM for the bonds