Question: Please answer:) Occam Industrtal Machines issued 142,000 zero coupon bonds seven years ago. The bonds have a par value of ( $ 1,000 ) and
Occam Industrtal Machines issued 142,000 zero coupon bonds seven years ago. The bonds have a par value of \\( \\$ 1,000 \\) and originally had 30 years to maturity with a yield to maturity of 7.2 percent. Interest rates have recently increased, and the bonds now have a yield to maturity of 83 percent. Assume semiannual compounding for the bonds. What is the dollar price of the bonds? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the market value of the company's debt? Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g-1,234,567.89. If the company has a \\( \\$ 457 \\) million market value of equity, what weight should it use for debt when calculating the cost oncopital? Note: Do not round intermediote calculations and round your answer to 4 decimal places, e.g, 1616
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