subject
Business, 23.04.2021 01:00 ob3ymysins

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.80 percent, a par value of $2,000 per bond, matures in 5 years, has a total face value of $5.1 million, and is quoted at 105 percent of face value. The second issue has a coupon rate of 6.57 percent, a par value of $1,000 per bond, matures in 15 years, has a total face value of $9.4 million, and is quoted at 108 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 40 percent. What is the firm's weighted average aftertax cost of debt

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.
Answers: 3
question
Business, 23.06.2019 02:00
In 1948, the president of the united states earned a salary of $75,000. in 2000, the president earned a salary of $400,000. knowing that the cpi for 1948 is 24.1 and the cpi for 2000 is 172.2, convert the 1948 salary to constant 2000 dollars. when comparing constant dollar amounts, whose salary was worth more--harry truman, president in 1948, or bill clinton, president in 2000
Answers: 3
question
Business, 23.06.2019 06:10
The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav
Answers: 1
question
Business, 23.06.2019 07:30
What criteria does a company have to meet to be considered a monopoly?
Answers: 2
You know the right answer?
Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.80 perce...
Questions
question
Mathematics, 31.10.2020 04:00
question
Social Studies, 31.10.2020 04:00
question
Mathematics, 31.10.2020 04:00
question
Mathematics, 31.10.2020 04:00
question
Mathematics, 31.10.2020 04:00
Questions on the website: 13722363