Question: can someone do this without using excel? - Potter Ltd. Is trying to determine its cost of debt. The firm has a debt issue outstanding

 can someone do this without using excel? - Potter Ltd. Is
can someone do this without using excel?

- Potter Ltd. Is trying to determine its cost of debt. The firm has a debt issue outstanding with 7 years to maturity that is quoted as 103% of the par value. The issue makes semi- annual payments and has a stated annual coupon rate of 5.1%. What is the company's cost pre-tax cost of debt? If the tax rate is 21%, what is the after-tax cost of debt

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