Question: Question 3 10 pts Use the following data for securities issued by LuccasenCorp to answer questions 1 - 5: Bonds: The company issued 240,000 bonds.

Question 3 10 pts Use the following data for securities issued

Question 3 10 pts Use the following data for securities issued by LuccasenCorp to answer questions 1 - 5: Bonds: The company issued 240,000 bonds. The bonds have a $1.000 face value with 9.5% coupons with annual payments, 22 years to maturity, and currently sell for $940. The marginal tax rate is 5% Equity. The company has 9,000,000 shares of common) stock outstanding, selling for $75 per share. The company's beta is 1.1, the risk free rate is 1%, and the market risk premium is 9% 3. What is the after tax cost of debt

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