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You issued debt in the form of bonds, with a face value of $ 1 , 0 0 0 , and have 8 years until
You issued debt in the form of bonds, with a face value of $ and have years until maturity. The bonds have an annual coupon rate of which are paid semiannually.
a The current price is $ What is the pretax cost of debt?
Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b The tax rate is What is the aftertax cost of debt?
Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
tableaPretax cost of debt,
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