Question: Part A Part B Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,100 face value and a 8% coupon,

Part A

Part B

Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,100 face value and a 8% coupon, semiannual payment ($44 payment every 6 months). The bonds currently sell for $845.87. If the firm's marginal tax rate is 10%, what is the firm's after-tax cost of debt? Round your answer to 2 decimal places. Do not round intermediate calculations Quantitative Problems Barton Industries can issue perpetual preferred stock at a price of $45 per share. The stock would pay a constant annual dividend of $2.70 per share. If the firm's marginal tax rate is 40%, what is the company's cost of preferred stock? Round your answer to 2 decimal places %

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