Question: iminy s Cricket Farm issued a 2 0 - year, 5 percent semiannual coupon bond 2 years ago. The bond currently sells for 9 6
iminys Cricket Farm issued a year, percent semiannual coupon bond years ago. The bond currently sells for percent of its face value. The companys tax rate is percent. What is the companys pretax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg What is the companys aftertax cost of debt? Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg Jiminy's Cricket Farm issued a year, percent semiannual coupon bond years ago. The bond currently sells for percent of its face value. The company's tax rate is percent.
a What is the company's pretax cost of debt?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What is the company's aftertax cost of debt?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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