Saturday
August 23, 2014

Homework Help: finance

Posted by juli on Tuesday, November 20, 2012 at 3:40am.

Peyton’s Colt Farm issued a 30-year, 7.2 percent semiannual bond 6 years ago. The bond currently sells for 87.5 percent of its face value. The company’s tax rate is 38 percent. The book value of the debt issue is $103 million. In addition, the company has a second debt issue, a zero coupon bond with 9 years left to maturity; the book value of this issue is $62 million, and it sells for 59.0 percent of par.
What is the total book value of debt?
What is the total market value of debt?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

finance - Peyton’s Colt Farm issued a 30-year, 9.6 percent semiannual bond 6 ...
cost of debt - Peyton’s Colt Farm issued a 30-year, 7 percent semiannual bond 7 ...
Corporate Finance - Calculating Cost of Debt. Peyton's Colt Farm issued a 30-...
Finance - Filer Manufacturing has 11.6 million shares of common stock ...
Finance - Filer Manufacturing has 11.6 million shares of common stock ...
Finance - A four-year TIPS bond promises a real annual coupon return of 4 ...
Finance - Ngata Corp. issued 12-year bonds 2 years ago at a coupon rate of 8.4 ...
Finance - Seven years ago a semi-annual coupon bond with a 10% coupon rate, $1,...
Math - A tax-exempt bond was recently issued at an annual 12 percent coupon rate...
Finance - Crossfade Co. issued 15-year bonds two years ago at a coupon rate of ...

Search
Members