please answer [ Fall-2208-FlN3400 FINANCIAL ; X Connect Assignment 5 - Ch 10 & 11 0 x Course Hero https://ezto.mheducation.com/ext/map/index.htmI?_con=con&external_browser=0&IaunchUrl=https%253A%252F%252FL Saved Help Ill Save &

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[<_i a e https: l assignment . ch saved help points eck my work mode : this shows what is correct or incorrect for the you have completed so far. it does not indicate completion. russell container corporation has par value bond outstanding with years to maturity. carries an annual interest payment of and currently selling per bond. corp. in percent tax bracket. firm wishes know aftertax cost new issue likely be. yield maturity on will be same as old because risk date similar. a. compute use issue. round intermediate calculations. input your answer rounded decimal places. complete but entirely correct. eld b. make appropriate adjustment determine af debt. allertax debt iriii save .1. exit submit return question>

Fall-2208-FlN3400 FINANCIAL ; X Connect Assignment 5 - Ch 10 & 11 0 x Course Hero https://ezto.mheducation.com/ext/map/index.htmI?_con=con&external_browser=0&IaunchUrl=https%253A%252F%252FL Saved Help Ill\ Save & Exit Submit 352 points Graw Check my work rnode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Russell Container Corporation has a $1,000 par value bond outstanding with 30 years to maturity. The bond carries an annual interest payment of $105 and is currently selling for $880 per bond. Russell Corp. is in a 25 percent tax bracket. The firm wishes to know what the aftertax cost of a new bond issue is likely to be. The yield to maturity on the new issue will be the same as the yield to maturity on the old issue because the risk and maturity date will be similar. a. Compute the yield to maturity on the old issue and use this as the yield for the new issue. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Return to question Yield on new issue 10_400 0/0 b. Make the appropriate tax adjustment to determine the aftertax cost of debt. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Aftertax cost of debt 7.800 0/0 < Prev 13 of 17 Next p Type here to search 4:12 AM 10/1/2020