Apple's 9 percent annual coupon bond has 10 years until maturity and the bonds are selling in the market for $890. The firm's tax rate is 21 percent. What is the firm's after-tax cost of debt? Multiple Choice 9.81 percent 3.91 percent 8.58 percent 10.86 percent

Q1: Suppose your company needs to raise $10 million and you want to issue 30-year bonds for this purpose. Assume the required return on your bond issue will be 9 percent, and you’re evaluating two issue alternatives, a 9 percent annual coupon bond and a zero coupon bond. Your company's tax rate is 35 percent. a) How many of the coupon bonds would you need to issue to raise the $10 million? How many of the zero coupon bonds would you need to issue? b) In 30 years, what will your company's repayment be if you issue the coupon bonds? What if you issue the zero coupon bonds? c) Based on your answers in (a) and (b), why would you ever want to issue the zeroes? To answer, calculate the firm's after tax cash outflows for the first year under the two different scenarios.

What should be the coupon rate on the new bond issue? Round your answer to one decimal place. _______  % What is Global's after-tax cost of debt? Round your answer to one decimal place.  _______ %

Please don't use Ai solution

mni.3 answer must be in proper format or i will give dislike

Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9% and coupons are paid semiannually. The bond is currently selling for $908.72. If the firm's marginal tax rate is 20%. What's the firm's after-tax cost of debt? O 8.0% O 9.0% O 10.0% O 11.0%

Need Answer please

Question 9, please help. Thank you!

help

If a 5 year annual bond with a 6% coupon rate, currently priced at $988 and par value is $1000, what is the cost of debt before tax? For the question above, if the tax rate is 30%, how much is the after tax cost of debt?