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Your firm has three bond issues outstanding. The first consists of 25,000 bonds denominated in Euros, which have a face value of 1,000 that pay

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Your firm has three bond issues outstanding. The first consists of 25,000 bonds denominated in Euros, which have a face value of 1,000 that pay 2.90% annual coupons and mature in 3 years. These are selling at 1,010, which implies a yield-to-maturity of 2.55% The second issue consists of 17.000 instruments denominated in US Dollars, with a $1,000 face value that pay 2.10% annual coupons and mature in 14 years. These bonds are selling for $930, which implies a yield-to-maturity of 2.71% The third issue consists of 11,000 bonds denominated in US Dollars, with a face value of $1,000 that pay 2.15% annual coupons and mature in 21 years. These bonds are selling at 87% of par value. The firm's marginal tax rate is 17%. The current foreign exchange rates between major international currencies are provided below. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 3.16.) What is the yield-to-maturity of the third bond issue? % What is the USD-denominated after-tax weighted-average yield-to-maturity on the firm's three outstanding bond issues? USD GBP CAD EUR AUD USD 1.000 0.775 1.319 0.853 1.413 GBP 1.291 1.000 1.703 1.102 1.824 CAD 0.758 0.587 1.000 0.647 1.071 EUR 1.172 0.908 1.546 1.000 1.656 AUD 0.708 0.548 0.933 0.604 1.000 Your firm has three bond issues outstanding. The first consists of 25,000 bonds denominated in Euros, which have a face value of 1,000 that pay 2.90% annual coupons and mature in 3 years. These are selling at 1,010, which implies a yield-to-maturity of 2.55% The second issue consists of 17.000 instruments denominated in US Dollars, with a $1,000 face value that pay 2.10% annual coupons and mature in 14 years. These bonds are selling for $930, which implies a yield-to-maturity of 2.71% The third issue consists of 11,000 bonds denominated in US Dollars, with a face value of $1,000 that pay 2.15% annual coupons and mature in 21 years. These bonds are selling at 87% of par value. The firm's marginal tax rate is 17%. The current foreign exchange rates between major international currencies are provided below. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 3.16.) What is the yield-to-maturity of the third bond issue? % What is the USD-denominated after-tax weighted-average yield-to-maturity on the firm's three outstanding bond issues? USD GBP CAD EUR AUD USD 1.000 0.775 1.319 0.853 1.413 GBP 1.291 1.000 1.703 1.102 1.824 CAD 0.758 0.587 1.000 0.647 1.071 EUR 1.172 0.908 1.546 1.000 1.656 AUD 0.708 0.548 0.933 0.604 1.000

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