so Cal roofing non callble bonds were issued several years ago and now have 20 years to Maturity. These bonds have.

so Cal roofing non callble bonds were issued several years ago and now have 20 years to Maturity. These bonds have. A 7.28% Annual coupon,,, paid semiannually,,, sells at a price Of $1,054, and has a par value of $1,000. If the firms tax rate is 35%, what is the component cost of debt (after -tax) for use in the Waco calculation?

AusworkGiven : face Value = $1 1000= $ 1 1054Maturity Years - 20yearsTax RateAnnual Coupon Rake= 1.281.Semi- Annual Coupon Rate : 7.2870 x1 : 3. 64 .2Cost of Debt ( Ko )Interest (1 - fax...