Dupont reports in a recent balance sheet 598 million of 525

Reference no: EM13609116

DuPont reports in a recent balance sheet $598 million of 5.25 percent notes payable due in 2016. The company's income tax rate is approximately 19 percent.

a.Compute the company's after-tax cost of borrowing on this bond issue stated as a total dollar amount. (Enter your answer in millions. Round your intermediate calculations and final answer to 3 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)

Annual after-tax cost of borrowing $________??? million

b.Compute the company's after-tax cost of borrowing on this bond issue stated as a percentage of the amount borrowed. (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places. Omit the "%" sign in your response.)

Annual after-tax cost of borrowing ________??? %

Reference no: EM13609116

Questions Cloud

The probability of concluding that the true mean is less : a local tennis pro-shop strings tennis rackets at the tension pounds per square inch requested by the customer.

A bond was issued for 720000 of 11 ten-year bonds for : a bond was issued for 720000 of 11 ten-year bonds for 678852 yielding an effective interest rate of 12. semi annual

On the basis of the following data for branch co for the : on the basis of the following data for branch co. for the year ended december 31 2011 and the preceding year prepare a

Calculate the total supply flow rate in m3s bthe ratio of : an air conditioning system is designed for a zone with a high dehumidification demands and humid outdoor conditions.

Dupont reports in a recent balance sheet 598 million of 525 : dupont reports in a recent balance sheet 598 million of 5.25 percent notes payable due in 2016. the companys income tax

In a certain thermal reactor fueled with partially enriched : in a certain thermal reactor fueled with partially enriched uranium 13 of the fission neutrons are absorbed in

An outside supplier has offered to make the item at 6 a : billings company has the following costs when producing 100000 unitsvariable costs 800000fixed costs 1200000an outside

How many students would you need to sample to estimate the : in a large lecture class the professor announced that the scores on a recent exam were normally distributed with a

During a process described by the photoelectric effect : during a process described by the photoelectric effect ultraviolet light can be used to charge a piece of metal.a if

User Account

All Pages