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% ( Prev 6 of 40 Next >
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- 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%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%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 8.7% with semiannual payments, and will use an investment bank that charges $25 per bond for its services. What is the cost of debt for Kenny Enterprises at following market prices? a. $922.13 b. $1,004.64 c. $1,128.39 d. $1,176.87Cost 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. Kenny Enterprises has just issued a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 10.7% with semiannual payments. What is the cost of debt for Kenny Enterprises if the bond sells at the following prices? What do you notice about the price and the cost of debt? a. $967.34 b. $1,000.00 c. $1,045.83 d. $1, 189.10% (Round to two decimal places.)
- Cost of debt. Kenny Enterprises has just issued a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 10.5% with semiannual payments. What is the cost of debt for Kenny Enterprises if the bond sells at the following prices? What do you notice about the price and the cost of debt? a. b. $1,000.00 c. $1,036.72 d. $1,161.82 $977.21Cost 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 of8.0%with semiannual payments, and will use an investment bank that charges$25per bond for its services. What is the cost of debt for Kenny Enterprises at the following market prices? a.$920b.$1,000c.$1,080d.$1,173Cost of debt. Kenny Enterprises has just issued a bond with a par value of $1,000, a maturity of twenty years, and a coupon rate of 10.2% with semiannual payments. What is the cost of debt for Kenny Enterprises if the bond sells at the following prices? What do you notice about the price and the cost of debt? a. $938.10 b. $1,000.00 c. $1,041.98 d. $1,187.22 ..... a. What is the cost of debt for Kenny Enterprises if the bond sells at $938.10? % (Round to two decimal places.)
- Oberon, 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 7734Mojo 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% 65thToo Young, Inc., has a bond outstanding with a coupon rate of 7.3 percent and semiannual payments. The bond currently sells for $1,870 and matures in 20 years. The par value is $2,000. What is the company's pretax cost of debt? Multiple Choice 8.07% 8.57% 8.30% 3.92% 7.95% 26 of 40 Nex > < Prev