Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments. The bond currently sells for $950 and matures in 24 years. The par value is $1,000 and the company's tax rate is 21 percent. What is the company's after-tax debt cost? Group of answer choices 4.34% 3.78% 3.41% 5.39% 3.19%
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- Bond Yield and After-Tax Cost of Debt A companys 6% coupon rate, semiannual payment, 1,000 par value bond that matures in 30 years sells at a price of 515.16. The companys federal-plus-state tax rate is 40%. What is the firms after-tax component cost of debt for purposes of calculating the WACC? (Hint: Base your answer on the nominal rate.)Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments. The bond currently sells for $950 and matures in 24 years. The par value is $1,000 and the company's tax rate is 21 percent. What is the company's after-tax debt cost? Group of answer choices 4.34% 3.78% 3.41% 5.39% 3.19%Save & Exit Galvatron Metals has a bond outstanding with a coupon rate of 6.2 percent and semiannual payments. The bond currently sells for $948 and matures in 24 years. The par value is $1,000 and the company's tax rate is 35 percent. What is the company's aftertax cost of debt? Multiple Choice 4.31% 3.98% 3.10% 3.32% 4.57%
- Galvatron Metals has a bond outstanding with a coupon rate of 6.5 percent and semiannual payments. The bond currently sells for $951 and matures in 23 years. The par value is $1,000 and the company's tax rate is 25 percent. What is the company's aftertax cost of debt? Multiple Choice О 5.20% 5.50% 4.80% 3.23% 3.46%Galvatron Metals has a bond outstanding with a coupon rate of 6.4 percent and semiannual payments. The bond currently sells for $950 and matures In 24 years. The par value is $1,000 and the company's tax rate is 21 percent. What is the company's aftertax cost of debt? Multiple Choice O O O 5.39% 4.34% 3.78% 3.41% 3.19%Dengar
- Mojo Mining has a bond outstanding that sells for $2,174 and matures in 18 years. The bond pays semiannual coupons and has a coupon rate of 7.14 percent. The par value is $2,000. If the company's tax rate is 21 percent, what is the aftertax cost of debt? Multiple Choice O O 6.07% 4.75% 534% 65thCost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 10.8% with semiannual payments, and will use an investment bank that charges $30 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $931.44 b. $1,013.16 c. $1,102.27 d. $1,152.27 ..... a. What is the cost of debt for Kenny Enterprises at a market price of $931.44? |% (Round to two decimal places.)Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 11.2% with semiannual payments, and will use an investment bank that charges $30 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $979.18 b. $1,009.76 c. $1,111.03 d. $1,147.97 a. What is the cost of debt for Kenny Enterprises at a market price of $979.18? ☐ % (Round to two decimal places.)
- Cost of debt with fees. Kenny Enterprises will issue a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 12.3% with semiannual payments, and will use an investment bank that charges $30 per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a. $952.75 b. $1,006.13 c. $1,054.87 d. $1,126.51RaghubhaiOberon, Inc., has a $45 million (face value) 12-year bond issue selling for 96 percent of par that pays an annual coupon of 8.45 percent, What would be Oberon's before-tax component cost of debt? (Round your answer to 2 declmal places.) Cost of debt 96 Mc 2Type here to search 五 7734