Question: please just simply write it and please dont use spreadsheet. Thank you 3. Avicorp has a $15 million debt issue outstanding, with an 8% coupon

please just simply write it and please dont use spreadsheet. Thank you please just simply write it and please dont use spreadsheet. Thank you

3. Avicorp has a $15 million debt issue outstanding, with an 8% coupon rate. The debt has semiannual coupons, the next coupon s due in six months, and the debt matures in eight years. It is currently priced at 98% of par value. . What is Avicorp's pre-tax cost of debt? If Avicorp faces a 35% tax rate, what is its after-tax cost of debt? Mackenzie Company hari

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