Calculate the cost of new debt: Bond 1: issued 5 years ago Coupon = 5% Par Value $660,000,000.00 Currently Yeilds: 6 Percent Trades @: 105% of Par…

Calculate the cost of new debt:

Bond 1: issued 5 years ago

Coupon = 5%

Par Value $660,000,000.00

Currently Yeilds: 6 Percent

Trades @: 105% of Par

Bond 2: Issued 3 years ago

Coupon = 6%

Par Value $470,000,000.00

Currently Yeilds: 5 Percent

Trades @: 95% of Par

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"FIRST15"

Order Now