table 11-3 for the problems

table 11.3

maturity date

1) April-01-2023 (coca cola company)

2) Sep-06-2029 (coca cola company)

3) Jul-29-2093 (coca cola company)

Security type

1) corporate debentures

2) corporate debentures

3) corporate debentures

seniority

1) senior unsecured

2) senior unsecured

3) senior unsecured

coupon

1) 2.5

2) 2.125

3) 7-375

offer date

1) Feb-28-2013

2) sep-04-2019

3) jul-22-1993

amount outstanding ($mm)

1) 750.0

2) 1000.0

3) 95.84

current price

1) 105.501

2) 10E819

3) 191.071

current YTM

1) 0.17

2) 1.302

3) 3.73

The Coca-Cola Company is planning to issue debt that will mature in 2093. In many respects, the issue is similar to the currently outstanding debt of the corporation. Use Iable 11-3. a. What is the yield to maturity on similarly outstanding debt for the firm in terms of maturity. Note: Input your answer as a percent rounded to 2 decimal places. b. Assume that because the new debt will be issued at par, the required yield to maturity will be 0.22 percent higher than the value determined in part a. What is the new yleld to maturity? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimol places. b. Assume that because the new debt will be issued at par, the required yleld to maturity will be 0.22 percent higher than the value determined in part a. What is the new yield to maturity? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. c. If the firm is in a 25 percent tax bracket, what is the aftertax cost of debt for the yleld determined in part b? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. Table 11 3 Fxcept trom SaP Coprtol IQ Net Acivoesoge