Question: 32. D&G Enterprises issues bonds with a $1,000 face value that make coupon payments of $45 every3 months. What is the coupon rate? 35. A

32. D&G Enterprises issues bonds with a $1,000 face value that make coupon payments of $45 every3 months. What is the coupon rate?

35. A bond issue sells for $850. The coupon rate is 7%, the bond matures in 20 years, and interest is paid semi-annually. The tax rate is 35%. What is the aftertax cost of debt?

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