Victor Inc., uses debt to finance their company. The firm has a bond issue outstanding...
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Finance
Victor Inc., uses debt to finance their company. The firm has a bond issue outstanding with 12 years to maturity that is priced at $1115. The bond makes semiannual payments and has an annual coupon rate of 8.4%. The face value is $1,000.00 a. What is the company's pretax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) - Protax cont of debt b. If the tax rate is 25%, what is the aftertax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 12.34.) b. Alortax cost of debt c. What is the value of each coupon? (Do not round intermediate calculations and enter your answer as a dollar rounded to 2 decimal places, e... 12.34.) c. Amount of each coupon

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