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What is the Total book value of debt? What is the Total Market value of debt? What is the Aftertax cost of the 6.7 percent
What is the Total book value of debt?
Jiminy's Cricket Farm issued a 30 -year, 6.7 percent semiannual bond 7 years ago. The bond currently sells for 1082 percent of its face value. The book value of this debt issue is $153 million. In addition, the company has a second debt issue, a zero coupon bond with 11 years left to maturity: the book value of this issue is $101 million, and it sells for 62.6 percent of par. The company's tax rate is 23 percent. What is the totai book value of debt? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567. What is the total market value of debt? Note: Do not round intermediete calculations and enter your answer in dollars, not millions of dollors, rounded to the nearest whole number, e.9-1,234,567. What is the aftertax cost of the 67 percent coupon bond? Note: Do not round intermediote calculations ond enter your answer as a percent rounded to 2 decimol ploces, e.g. 3216. What is the aftertax cost of the zero coupon bond? Note: Do not round intermediofe colcuiotions and enter your answer os a percent rounded to 2 decimal places, e.9., 32.16 What is the Total Market value of debt?
What is the Aftertax cost of the 6.7 percent coupon bond?
What is the aftertax cost of the zero coupon bond?
What is the aftertax cost of debt?
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