Acompany is going to issue a $1,000 par value bond that pays a 7% annual coupon. the company expects investors to pay $942 for the 20-year bond. the expected flotation cost per bond is $42, and the firm is in the 34% tax bracket. compute the following: a)the yield to maturity on the firm’s bondsb)the firm’s after-tax cost of existing debtc)the firms after tax cost of new debt

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; balance sheets;

answer; comparing the additional benefits and costs;

answerup to (3) three years;