Question: SHOW YOUR COMPLETE SOLUTION AND WRITE YOUR SOLUTION ON A PAPER. Problem 4: Benguet Corporation is planning to issue a 20-years 12% P5,000,000 face value

SHOW YOUR COMPLETE SOLUTION AND WRITE YOUR SOLUTION ON A PAPER. Problem 4: Benguet Corporation is planning to issue a 20-years 12% P5,000,000 face value bond. The company is subject to the 30% tax rate. Required: Determine the cost of debt if: 1. The bonds will be issued at 105 The bonds will be issued at 90 3. The bonds will be issued at par but there is a P50,000 issuance cost. 4. The bonds will be issued at 110 and there is a P20,000 issuance cost 5. The bonds will be issued at 95 and there is a P50,000 issuance cost
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