Larry’s Landscaping Service has two bonds outstanding. Following are the details for each bond. Bond A...

Larry’s Landscaping Service has two bonds outstanding. Following are the details for each bond. Bond A Bond B # of bonds outstanding 3,000 4,000 Face Value $1,000 $1,000 Current Price 102 97 Coupon Rate 8% 7% Payable Annually Semiannually Years to Maturity 5 10 What is the yield to maturity on Bond A? ____________ What is the yield to maturity on Bond B? ____________ What is the market value weight (percentage) of Bond A? ________________ What is the market value weight (percentage) of Bond B? ________________ What is the weighted average cost of debt for Larry’s? ________________

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jeff jeffy answered 1 year ago

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