Do Homework - Christian Estrada -Google Chrome a https://www.mathxcl.c FINA3120Spring 2019 S goStockton Portal ?homework d 51 9367621 &questionid 1 &flushed # false&cld :5394905¢er inz

Do Homework - Christian Estrada -Google Chrome a https://www.mathxcl.c FINA3120Spring 2019 S goStockton Portal ?homework d 51 9367621 &questionid 1 &flushed # false&cld :5394905&center inz yes https:/ Paused christian Estrada | 3/21/19 3:24 PM E Che Homework: chapter Save Post Score: 0 of 100 pts Get an e P 13-6 (similar to) 2 of 8 (1 complete) HW Score: 12.5%, 100 of 800 pts Question Help Avicorp has a $11.9 million debt issue outstanding, with a 5.9% coupon rate. The debt has semi-annual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 95% of par value a. What is Avicorp's pre-tax cost of debt? Note: Compute the effective annual return. b. If Avicorp faces a 40% tax rate, what is its after-tax cost of debt? Note: Assume that the firm will always be able to utilize its full interest tax shield. GETN a. The cost of debt is%per year. (Round to four decimal places.) .Use Enter your answer in the answer box and then click Check Answer Clear All Check Answer remaining 3-24 PM O Type here to search 3/21/2019