![subject](/tpl/images/cats/ekonomika.png)
Business, 19.12.2019 04:31 xlameweirdox
Problem 14-8 calculating cost of debt [lo2] jiminy’s cricket farm issued a bond with 30 years to maturity and a semiannual coupon rate of 6 percent 4 years ago. the bond currently sells for 105 percent of its face value. the company’s tax rate is 23 percent. the book value of the debt issue is $60 million. in addition, the company has a second debt issue on the market, a zero coupon bond with 8 years left to maturity; the book value of this issue is $35 million, and the bonds sell for 67 percent of par. a. what is the company’s total book value of debt? (enter your answer in dollars, not millions of dollars, e. g. 1,234,567.) b. what is the company’s total market value of debt? (enter your answer in dollars, not millions of dollars, e. g. 1,234,567.) c. what is your best estimate of the aftertax cost of debt? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
![ansver](/tpl/images/cats/User.png)
Answers: 3
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 04:40, esmeraldavelez63
Why is job security of such importance to workers?
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 11:20, brookemcelhaney
The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level? a. 0.25 days b. 3 days c. 1 day d. 4 days e. 20 days
Answers: 1
You know the right answer?
Problem 14-8 calculating cost of debt [lo2] jiminy’s cricket farm issued a bond with 30 years to mat...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2021 06:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2021 06:00
![Konu](/tpl/images/cats/obshestvoznanie.png)
![Konu](/tpl/images/cats/biologiya.png)
Biology, 10.12.2021 06:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2021 06:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2021 06:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.12.2021 06:00
![Konu](/tpl/images/cats/fizika.png)