Whitesell Athletic Corporation's bonds have a face value of $1,000 and a 9.5% coupon paid semiannually; the bonds mature in 10 years. What current yield would be reported in The Wall Street Journal if the yield to maturity is 8%?

The Border Cafe has a debt-equity ratio of 0.40:1. Its cost of equity is 11.8% and its before-tax cost of debt is 6.5%. If the corporate tax rate is 21%, what is Bubbakoos cost of capital (WACC)?