## Answered) I need help calculating after-tax of existing debt........if the company's marginal tax rate is 28 percent, what is the after-tax cost of existing

1. I need help calculating after-tax of existing debt........ifÂ theÂ companyâ€™sÂ marginalÂ taxÂ rateÂ isÂ 28Â percent,Â whatÂ isÂ theÂ after-taxÂ costÂ ofÂ existingÂ debt?Â
2. Martin Inc.â€™s bonds will mature in 10 years. The coupon interest rate on the bonds is 6.75 percent, paid at the end of each year. The bonds have maturity values of \$1,000 each and are currently selling at a market price of \$1,114. What is the yield to maturity? =Â  4.89%

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