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You issued debt in the form of bonds, whe foce value of $1,000, and have 12 years until maturity The bonds have on annual coupon
You issued debt in the form of bonds, whe foce value of $1,000, and have 12 years until maturity The bonds have on annual coupon rate of 726 . which are paid semiannually. a. The current price is $1,085. What is the pretar cost of debt? (Do not round intermediate calculations and enter pour answer as a percent rounded to 2 decimal places, e.9, 12.34.j b. The tax rote is 23x. What is the ofrertas cont of debe? foe not round intermediete talculations and enter your answer as a percent rounded to 2 decimat places, e.9, 12.24)
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