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Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below. Bond Coupon Rate Price Quote
Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below.
Bond | Coupon Rate | Price Quote | Maturity | Face Value | |||
1 | 8.80 | % | 105.8 | 4 | years | $ | 28,000,000 |
2 | 7.00 | 94.6 | 7 | years | 48,000,000 | ||
3 | 8.50 | 104.6 | 14.5 | years | 53,000,000 | ||
4 | 9.00 | 106.5 | 24 | years | 68,000,000 |
must find the Market Value for each bond.
The weight of each bond
and the YTM of each bond
and If the corporate Tax rate is 40% what is the after tax cost of the company's debt?
I must
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