Question: Cost of debt using both methods (YTM and the approximation formula) Curty, Warren Industries se 20-51.000 par value Bonds paying annual era coupon the current

 Cost of debt using both methods (YTM and the approximation formula)

Cost of debt using both methods (YTM and the approximation formula) Curty, Warren Industries se 20-51.000 par value Bonds paying annual era coupon the current just under 0% Warentell bonds for $370 each: Waren will incur ancos of $20 per bond. The main the 2016 . Fedha nel proceeds from the sale of the bond. No b. Calculate the band's yold to matury (TM) to the before and wher-tax costs of Gott c. Use the apartmanan formato estimate before and wher-tax costs of debt a. The proceeds from the of the hond. Na Mound to the most Using the bonds YTM, na beton tax cost of debt Round wo decimal place) Using the bond VTM, the hertax cost of debt Cound to two decimal places.) Unng the approximation formula, the before a cost of debitis Round to two decimal places) Using the proximation formula, the text of Round to the decimal)

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