(Solved by Humans)-Hi!! Thank you so much for answering my question. I have another
Question
Hi!! Thank you so much for answering my question. I have another one, how do you get the rate (7.47% in first bond and 6.74% in second bond) without using excel? Thank you so much!
FV
Coupon
Nper
PV
Rate
Weights
Weighted average pretax
Pretax cost of debt
After tax cost of debt
Fisrt
Second Total
69000000 59000000
5%
6%
10
20
57270000 54280000
111550000
7.47%
51.34%
3.84%
6.74%
48.66%
3.28%
7.12%
0.0569
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